23, ORCHARD CLOSE, SCRAPTOFT, LEICESTER, LE7 9BN - £192,500

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.

23 ORCHARD CLOSE is a small terraced house of 97m², built in 2009, which could now be worth an estimated £274,415. It was last sold for £192,500 in December 2016, which was around 10% above the average December 2016 terraced price in the Harborough local authority area. The most recent EPC inspection was April 2010, where the current energy rating was B, and the potential energy rating was B.

23 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 23 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Harborough local authority area for the corresponding sale date. Both of the two 23 ORCHARD 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
2016 1 DEC	£192,500	£175,514	10% above HPI
2010 23 APR	£190,000	£137,215	38% above HPI

23 ORCHARD CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Harborough local authority area over time, sourced from the HPI. The two 23 ORCHARD CLOSE sales from April 2010 and December 2016 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 April 2010 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the December 2016 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 23 ORCHARD CLOSE be worth now?

23 ORCHARD CLOSE might now be worth an estimated £274,415.

This is based on house price inflation of 42.6%, between December 2016 and May 2026, for terraced houses, in the Harborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.6% inflationary increase is applied to the most recent sale price for 23 ORCHARD CLOSE of £192,500 on 1st December 2016. For the value to have increased from £192,500 to £274,415 over the ten years and seven months to May 2026, the following assumptions must hold true:

• The value of 23 ORCHARD CLOSE has moved in line with the HPI for terraced houses in the Harborough local authority area.
• The December 2016 sale price of £192,500 represented a fair market value for the property.
• The size, condition, and specification of 23 ORCHARD CLOSE has not materially changed since December 2016.

How Large is 23 ORCHARD CLOSE?

23 ORCHARD CLOSE is 97m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 40% of terraced houses houses in Leicester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Leicester, and where 23 ORCHARD CLOSE lies on this distribution: 31% of terraced houses houses are smaller than 23 ORCHARD CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Leicester.

23 ORCHARD CLOSE: Plot and Title Map

23 ORCHARD CLOSE sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 23 ORCHARD 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 23 ORCHARD 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 23 ORCHARD CLOSE?

23 ORCHARD CLOSE is located in SCRAPTOFT, in the LE7 postcode district. The below map shows the position of No. 23 on ORCHARD CLOSE.