21, PARHAM CLOSE, LEICESTER, LE3 9ER - £231,500

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.

21 PARHAM CLOSE is a small extended semi-detached house of 94m², built sometime between 1996 and 2002, which could now be worth an estimated £335,824. It was last sold for £231,500 in March 2018, which was around 27% above the average March 2018 semi-detached price in the Leicester local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

21 PARHAM CLOSE Sold Prices

Land registry data shows three sales for 21 PARHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Leicester local authority area for the corresponding sale date. All of the three 21 PARHAM 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
2018 1 MAR	£231,500	£182,645	27% above HPI
2000 20 NOV	£92,950	£54,377	71% above HPI
2000 2 JUN	£82,000	£52,860	55% above HPI

21 PARHAM 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 three 21 PARHAM CLOSE sales between June 2000 and March 2018 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 November 2000 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the March 2018 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 21 PARHAM CLOSE be worth now?

21 PARHAM CLOSE might now be worth an estimated £335,824.

This is based on house price inflation of 45.1%, between March 2018 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 45.1% inflationary increase is applied to the most recent sale price for 21 PARHAM CLOSE of £231,500 on 1st March 2018. For the value to have increased from £231,500 to £335,824 over the seven years and ten months to May 2026, the following assumptions must hold true:

• The value of 21 PARHAM CLOSE has moved in line with the HPI for semi-detached houses in the Leicester local authority area.
• The March 2018 sale price of £231,500 represented a fair market value for the property.
• The size, condition, and specification of 21 PARHAM CLOSE has not materially changed since March 2018.

How Large is 21 PARHAM CLOSE?

21 PARHAM CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 30% 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 21 PARHAM CLOSE lies on this distribution: 28% of semi-detached houses houses are smaller than 21 PARHAM CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Leicester.

21 PARHAM CLOSE: Plot and Title Map

21 PARHAM CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 21 PARHAM 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 21 PARHAM 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 21 PARHAM CLOSE?

21 PARHAM CLOSE is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 21 on PARHAM CLOSE.