28, ORCHARD CLOSE, SCRAPTOFT, LEICESTER, LE7 9BN - £167,000

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.

28 ORCHARD CLOSE is a small semi-detached house of 91m², built in 2010, which could now be worth an estimated £277,720. It was last sold for £167,000 in May 2014, which was around 8% below the average May 2014 semi-detached 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.

28 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 28 ORCHARD 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 Harborough local authority area for the corresponding sale date. One of the two 28 ORCHARD 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
2014 6 MAY	£167,000	£181,938	8% below HPI
2011 8 DEC	£168,000	£162,967	3% above HPI

28 ORCHARD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Harborough local authority area over time, sourced from the HPI. The two 28 ORCHARD CLOSE sales from December 2011 and May 2014 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 December 2011 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2014 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 28 ORCHARD CLOSE be worth now?

28 ORCHARD CLOSE might now be worth an estimated £277,720.

This is based on house price inflation of 66.3%, between May 2014 and May 2026, for semi-detached 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 66.3% inflationary increase is applied to the most recent sale price for 28 ORCHARD CLOSE of £167,000 on 6th May 2014. For the value to have increased from £167,000 to £277,720 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 28 ORCHARD CLOSE has moved in line with the HPI for semi-detached houses in the Harborough local authority area.
• The May 2014 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 28 ORCHARD CLOSE has not materially changed since May 2014.

How Large is 28 ORCHARD CLOSE?

28 ORCHARD CLOSE is 91m² according to the EPC inspection conducted in April 2010. 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 28 ORCHARD CLOSE lies on this distribution: 25% of semi-detached houses houses are smaller than 28 ORCHARD CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Leicester.

28 ORCHARD CLOSE: Plot and Title Map

28 ORCHARD CLOSE sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 28 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 28 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 28 ORCHARD CLOSE?

28 ORCHARD CLOSE is located in SCRAPTOFT, in the LE7 postcode district. The below map shows the position of No. 28 on ORCHARD CLOSE.