3, ELDER CLOSE, SAPCOTE, LEICESTER, LE9 4BE - £179,950

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.

3 ELDER CLOSE is a very small terraced house of 57m², built in 2012, which could now be worth an estimated £213,818. It was last sold for £179,950 in December 2020, which was around 2% below the average December 2020 terraced price in the Blaby local authority area. The most recent EPC inspection was May 2015, where the current energy rating was B, and the potential energy rating was A.

3 ELDER CLOSE Sold Prices

Land registry data shows two sales for 3 ELDER 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 Blaby local authority area for the corresponding sale date. One of the two 3 ELDER 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
2020 18 DEC	£179,950	£184,062	2% below HPI
2015 19 JUN	£151,950	£140,621	8% above HPI

3 ELDER CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Blaby local authority area over time, sourced from the HPI. The two 3 ELDER CLOSE sales from June 2015 and December 2020 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 2015 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2020 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 3 ELDER CLOSE be worth now?

3 ELDER CLOSE might now be worth an estimated £213,818.

This is based on house price inflation of 18.8%, between December 2020 and April 2026, for terraced houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.8% inflationary increase is applied to the most recent sale price for 3 ELDER CLOSE of £179,950 on 18th December 2020. For the value to have increased from £179,950 to £213,818 over the six years and eight months to April 2026, the following assumptions must hold true:

• The value of 3 ELDER CLOSE has moved in line with the HPI for terraced houses in the Blaby local authority area.
• The December 2020 sale price of £179,950 represented a fair market value for the property.
• The size, condition, and specification of 3 ELDER CLOSE has not materially changed since December 2020.

How Large is 3 ELDER CLOSE?

3 ELDER CLOSE is 57m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of terraced houses houses in Sapcote, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Sapcote, and where 3 ELDER CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 3 ELDER CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Sapcote.

3 ELDER CLOSE: Plot and Title Map

3 ELDER CLOSE sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 3 ELDER 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 3 ELDER 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 3 ELDER CLOSE?

3 ELDER CLOSE is located in SAPCOTE, in the LE9 postcode district. The below map shows the position of No. 3 on ELDER CLOSE.