26, PADSIDE CLOSE, HAMILTON, LEICESTER, LE5 1PE - £106,000

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.

26 PADSIDE CLOSE is a very small terraced house of 34m², built sometime between 2003 and 2006, which could now be worth an estimated £148,117. It was last sold for £106,000 in May 2019, which was around 30% below the average May 2019 terraced price in the Leicester local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was A.

26 PADSIDE CLOSE Sold Prices

Land registry data shows two sales for 26 PADSIDE 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 Leicester local authority area for the corresponding sale date. Both of the two 26 PADSIDE 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
2019 17 MAY	£106,000	£151,852	30% below HPI
2008 30 JUN	£99,950	£115,580	14% below HPI

26 PADSIDE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Leicester local authority area over time, sourced from the HPI. The two 26 PADSIDE CLOSE sales from June 2008 and May 2019 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 June 2008 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 26 PADSIDE CLOSE be worth now?

26 PADSIDE CLOSE might now be worth an estimated £148,117.

This is based on house price inflation of 39.7%, between May 2019 and April 2026, for terraced 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 39.7% inflationary increase is applied to the most recent sale price for 26 PADSIDE CLOSE of £106,000 on 17th May 2019. For the value to have increased from £106,000 to £148,117 over the seven years and one month to April 2026, the following assumptions must hold true:

• The value of 26 PADSIDE CLOSE has moved in line with the HPI for terraced houses in the Leicester local authority area.
• The May 2019 sale price of £106,000 represented a fair market value for the property.
• The size, condition, and specification of 26 PADSIDE CLOSE has not materially changed since May 2019.

How Large is 26 PADSIDE CLOSE?

26 PADSIDE CLOSE is 34m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 10% 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 26 PADSIDE CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 26 PADSIDE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Leicester.

26 PADSIDE CLOSE: Plot and Title Map

26 PADSIDE CLOSE sits on a plot of roughly 0.018 of an acre, or 73m². The below map shows the location of 26 PADSIDE 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 26 PADSIDE 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 26 PADSIDE CLOSE?

26 PADSIDE CLOSE is located in HAMILTON, in the LE5 postcode district. The below map shows the position of No. 26 on PADSIDE CLOSE.