3, MARSHAM CLOSE, HAMILTON, LEICESTER, LE5 1PW - £154,950

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 MARSHAM CLOSE is a very small detached house of 57m², built sometime between 2003 and 2006, which could now be worth an estimated £311,808. It was last sold for £154,950 in March 2010, which was around 19% below the average March 2010 detached price in the Leicester local authority area. The most recent EPC inspection was May 2009, where the current energy rating was C, and the potential energy rating was C.

3 MARSHAM CLOSE Sold Prices

Land registry data shows two sales for 3 MARSHAM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. Both of the two 3 MARSHAM 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
2010 5 MAR	£154,950	£191,856	19% below HPI
2006 3 NOV	£154,995	£202,768	24% below HPI

3 MARSHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The two 3 MARSHAM CLOSE sales from November 2006 and March 2010 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 November 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2010 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 3 MARSHAM CLOSE be worth now?

3 MARSHAM CLOSE might now be worth an estimated £311,808.

This is based on house price inflation of 101.2%, between March 2010 and February 2025, for 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 101.2% inflationary increase is applied to the most recent sale price for 3 MARSHAM CLOSE of £154,950 on 5th March 2010. For the value to have increased from £154,950 to £311,808 over the fifteen years and one month to February 2025, the following assumptions must hold true:

• The value of 3 MARSHAM CLOSE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The March 2010 sale price of £154,950 represented a fair market value for the property.
• The size, condition, and specification of 3 MARSHAM CLOSE has not materially changed since March 2010.

How Large is 3 MARSHAM CLOSE?

3 MARSHAM CLOSE is 57m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 10% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 3 MARSHAM CLOSE lies on this distribution: 2% of detached houses houses are smaller than 3 MARSHAM CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Leicester.

3 MARSHAM CLOSE: Plot and Title Map

3 MARSHAM CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 3 MARSHAM 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 MARSHAM 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 MARSHAM CLOSE?

3 MARSHAM CLOSE is located in HAMILTON, in the LE5 postcode district. The below map shows the position of No. 3 on MARSHAM CLOSE.