39, GRESLEY CLOSE, LEICESTER, LE4 0SE - £97,500

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.

39 GRESLEY CLOSE is a small terraced house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £174,660. It was last sold for £97,500 in July 2007, which was around 18% below the average July 2007 terraced price in the Leicester local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

39 GRESLEY CLOSE Sold Prices

Land registry data shows three sales for 39 GRESLEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Leicester local authority area for the corresponding sale date. All of the three 39 GRESLEY 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
2007 23 JUL	£97,500	£118,449	18% below HPI
2002 14 NOV	£49,000	£65,535	25% below HPI
1995 26 MAY	£25,000	£32,739	24% below HPI

39 GRESLEY 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 three 39 GRESLEY CLOSE sales between May 1995 and July 2007 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 2002 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2007 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 39 GRESLEY CLOSE be worth now?

39 GRESLEY CLOSE might now be worth an estimated £174,660.

This is based on house price inflation of 79.1%, between July 2007 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 79.1% inflationary increase is applied to the most recent sale price for 39 GRESLEY CLOSE of £97,500 on 23rd July 2007. For the value to have increased from £97,500 to £174,660 over the nineteen years and three months to April 2026, the following assumptions must hold true:

• The value of 39 GRESLEY CLOSE has moved in line with the HPI for terraced houses in the Leicester local authority area.
• The July 2007 sale price of £97,500 represented a fair market value for the property.
• The size, condition, and specification of 39 GRESLEY CLOSE has not materially changed since July 2007.

How Large is 39 GRESLEY CLOSE?

39 GRESLEY CLOSE is 93m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% 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 39 GRESLEY CLOSE lies on this distribution: 27% of terraced houses houses are smaller than 39 GRESLEY CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Leicester.

39 GRESLEY CLOSE: Plot and Title Map

39 GRESLEY CLOSE sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 39 GRESLEY 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 39 GRESLEY 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 39 GRESLEY CLOSE?

39 GRESLEY CLOSE is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 39 on GRESLEY CLOSE.