24, COTTAGERS CLOSE, LEICESTER, LE2 6SF - £140,000

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.

24 COTTAGERS CLOSE is a very small semi-detached house of 71m², built sometime between 1930 and 1949, which could now be worth an estimated £220,037. It was last sold for £140,000 in June 2017, which was around 19% below the average June 2017 semi-detached price in the Leicester local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

24 COTTAGERS CLOSE Sold Prices

Land registry data shows three sales for 24 COTTAGERS 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 24 COTTAGERS CLOSE sales were for below 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
2017 9 JUN	£140,000	£171,837	19% below HPI
2007 31 AUG	£90,000	£144,051	38% below HPI
2004 7 JUN	£43,500	£121,771	64% below HPI

24 COTTAGERS 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 24 COTTAGERS CLOSE sales between June 2004 and June 2017 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 August 2007 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2017 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 24 COTTAGERS CLOSE be worth now?

24 COTTAGERS CLOSE might now be worth an estimated £220,037.

This is based on house price inflation of 57.2%, between June 2017 and April 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 57.2% inflationary increase is applied to the most recent sale price for 24 COTTAGERS CLOSE of £140,000 on 9th June 2017. For the value to have increased from £140,000 to £220,037 over the nine years and two months to April 2026, the following assumptions must hold true:

• The value of 24 COTTAGERS CLOSE has moved in line with the HPI for semi-detached houses in the Leicester local authority area.
• The June 2017 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 24 COTTAGERS CLOSE has not materially changed since June 2017.

How Large is 24 COTTAGERS CLOSE?

24 COTTAGERS CLOSE is 71m² according to the EPC inspection conducted in March 2017. 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 24 COTTAGERS CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 24 COTTAGERS CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Leicester.

24 COTTAGERS CLOSE: Plot and Title Map

24 COTTAGERS CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 24 COTTAGERS 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 24 COTTAGERS 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 24 COTTAGERS CLOSE?

24 COTTAGERS CLOSE is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 24 on COTTAGERS CLOSE.