4, GRANGE CLOSE, LEICESTER, LE2 9GN - £50,000

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.

4 GRANGE CLOSE is a very small extended terraced house of 70m², built sometime between 1996 and 2002, which could now be worth an estimated £119,343. It was last sold for £50,000 in March 2004, which was around 43% below the average March 2004 terraced price in the Leicester local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

4 GRANGE CLOSE Sold Prices

Land registry data shows two sales for 4 GRANGE 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. One of the two 4 GRANGE 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
2004 4 MAR	£50,000	£87,034	43% below HPI
2001 20 DEC	£59,250	£50,948	16% above HPI

4 GRANGE 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 4 GRANGE CLOSE sales from December 2001 and March 2004 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 2001 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the March 2004 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 4 GRANGE CLOSE be worth now?

4 GRANGE CLOSE might now be worth an estimated £119,343.

This is based on house price inflation of 138.7%, between March 2004 and May 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 138.7% inflationary increase is applied to the most recent sale price for 4 GRANGE CLOSE of £50,000 on 4th March 2004. For the value to have increased from £50,000 to £119,343 over the 21 years and ten months to May 2026, the following assumptions must hold true:

• The value of 4 GRANGE CLOSE has moved in line with the HPI for terraced houses in the Leicester local authority area.
• The March 2004 sale price of £50,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GRANGE CLOSE has not materially changed since March 2004.

How Large is 4 GRANGE CLOSE?

4 GRANGE CLOSE is 70m², which includes one extension, according to the EPC inspection conducted in June 2024. 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 4 GRANGE CLOSE lies on this distribution: 7% of terraced houses houses are smaller than 4 GRANGE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Leicester.

4 GRANGE CLOSE: Plot and Title Map

4 GRANGE CLOSE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 4 GRANGE 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 4 GRANGE 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 4 GRANGE CLOSE?

4 GRANGE CLOSE is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 4 on GRANGE CLOSE.