4, SOUTHERNHAY CLOSE, LEICESTER, LE2 3TW - £295,000

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 SOUTHERNHAY CLOSE is a very large extended detached house of 158m², built sometime between 1950 and 1966, which could now be worth an estimated £888,316. It was last sold for £295,000 in July 2002, which was around 130% above the average July 2002 detached price in the Leicester local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was C.

4 SOUTHERNHAY CLOSE Sold Prices

Land registry data shows two sales for 4 SOUTHERNHAY 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 4 SOUTHERNHAY CLOSE sales were 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
2002 9 JUL	£295,000	£128,211	130% above HPI
1997 14 AUG	£127,950	£70,565	81% above HPI

4 SOUTHERNHAY 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 4 SOUTHERNHAY CLOSE sales from August 1997 and July 2002 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 August 1997 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the July 2002 sale, where it rises to 130% above the HPI. The line then continues to track at 130% above the HPI.

What might 4 SOUTHERNHAY CLOSE be worth now?

4 SOUTHERNHAY CLOSE might now be worth an estimated £888,316.

This is based on house price inflation of 201.1%, between July 2002 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 201.1% inflationary increase is applied to the most recent sale price for 4 SOUTHERNHAY CLOSE of £295,000 on 9th July 2002. For the value to have increased from £295,000 to £888,316 over the 23 years and five months to February 2025, the following assumptions must hold true:

• The value of 4 SOUTHERNHAY CLOSE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The July 2002 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SOUTHERNHAY CLOSE has not materially changed since July 2002.

How Large is 4 SOUTHERNHAY CLOSE?

4 SOUTHERNHAY CLOSE is 158m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 20% 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 4 SOUTHERNHAY CLOSE lies on this distribution: 80% of detached houses houses are smaller than 4 SOUTHERNHAY CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Leicester.

4 SOUTHERNHAY CLOSE: Plot and Title Map

4 SOUTHERNHAY CLOSE sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 4 SOUTHERNHAY 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 SOUTHERNHAY 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 SOUTHERNHAY CLOSE?

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