2, ROWLANDSON CLOSE, LEICESTER, LE4 2SE - £185,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 ROWLANDSON CLOSE is a midsized detached house of 126m², built sometime between 1991 and 1995, which could now be worth an estimated £395,201. It was last sold for £185,000 in May 2009, which was around 2% above the average May 2009 detached price in the Leicester local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was D.

2 ROWLANDSON CLOSE Sold Prices

Land registry data shows three sales for 2 ROWLANDSON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the three 2 ROWLANDSON CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2009 1 MAY	£185,000	£181,443	2% above HPI
2006 15 SEP	£229,950	£200,390	15% above HPI
1999 1 NOV	£100,000	£79,763	25% above HPI

2 ROWLANDSON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The three 2 ROWLANDSON CLOSE sales between November 1999 and May 2009 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2006 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the May 2009 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 2 ROWLANDSON CLOSE be worth now?

2 ROWLANDSON CLOSE might now be worth an estimated £395,201.

This is based on house price inflation of 113.6%, between May 2009 and May 2026, for detached houses, in the Leicester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 113.6% inflationary increase is applied to the most recent sale price for 2 ROWLANDSON CLOSE of £185,000 on 1st May 2009. For the value to have increased from £185,000 to £395,201 over the seventeen years to May 2026, the following assumptions must hold true:

• The value of 2 ROWLANDSON CLOSE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The May 2009 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ROWLANDSON CLOSE has not materially changed since May 2009.

How Large is 2 ROWLANDSON CLOSE?

2 ROWLANDSON CLOSE is 126m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 50% of detached houses houses in Thurcaston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thurcaston, and where 2 ROWLANDSON CLOSE lies on this distribution: 42% of detached houses houses are smaller than 2 ROWLANDSON CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Thurcaston.

2 ROWLANDSON CLOSE: Plot and Title Map

2 ROWLANDSON CLOSE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 2 ROWLANDSON CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 ROWLANDSON CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 ROWLANDSON CLOSE?

2 ROWLANDSON CLOSE is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 2 on ROWLANDSON CLOSE.