2, SNAPE CLOSE, HAMILTON, LEICESTER, LE5 1LY - £142,250

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 SNAPE CLOSE is a very small semi-detached house of 70m², built sometime from 2007 onwards, which could now be worth an estimated £260,950. It was last sold for £142,250 in January 2015, which was around 2% below the average January 2015 semi-detached price in the Leicester local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

2 SNAPE CLOSE Sold Prices

Land registry data shows two sales for 2 SNAPE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Leicester local authority area for the corresponding sale date. One of the two 2 SNAPE CLOSE sales was for below the average price, whilst the other was 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
2015 23 JAN	£142,250	£144,432	2% below HPI
2009 27 FEB	£150,000	£118,437	27% above HPI

2 SNAPE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Leicester local authority area over time, sourced from the HPI. The two 2 SNAPE CLOSE sales from February 2009 and January 2015 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 February 2009 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the January 2015 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 2 SNAPE CLOSE be worth now?

2 SNAPE CLOSE might now be worth an estimated £260,950.

This is based on house price inflation of 83.4%, between January 2015 and May 2026, for semi-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 83.4% inflationary increase is applied to the most recent sale price for 2 SNAPE CLOSE of £142,250 on 23rd January 2015. For the value to have increased from £142,250 to £260,950 over the ten years and eight months to May 2026, the following assumptions must hold true:

• The value of 2 SNAPE CLOSE has moved in line with the HPI for semi-detached houses in the Leicester local authority area.
• The January 2015 sale price of £142,250 represented a fair market value for the property.
• The size, condition, and specification of 2 SNAPE CLOSE has not materially changed since January 2015.

How Large is 2 SNAPE CLOSE?

2 SNAPE CLOSE is 70m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of semi-detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Leicester, and where 2 SNAPE CLOSE lies on this distribution: 7% of semi-detached houses houses are smaller than 2 SNAPE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Leicester.

2 SNAPE CLOSE: Plot and Title Map

2 SNAPE CLOSE sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 2 SNAPE 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 SNAPE 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 SNAPE CLOSE?

2 SNAPE CLOSE is located in HAMILTON, in the LE5 postcode district. The below map shows the position of No. 2 on SNAPE CLOSE.