40, LAITHWAITE CLOSE, LEICESTER, LE4 1BX - £86,000

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.

40 LAITHWAITE CLOSE is a very small semi-detached house of 55m², built sometime between 1991 and 1995, which could now be worth an estimated £172,612. It was last sold for £86,000 in December 2011, which was around 34% below the average December 2011 semi-detached price in the Leicester local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

40 LAITHWAITE CLOSE Sold Prices

Land registry data shows three sales for 40 LAITHWAITE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Leicester local authority area for the corresponding sale date. All of the three 40 LAITHWAITE 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
2011 2 DEC	£86,000	£130,672	34% below HPI
2002 1 MAR	£43,000	£68,986	38% below HPI
1997 27 JUN	£37,000	£42,196	12% below HPI

40 LAITHWAITE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Leicester local authority area over time, sourced from the HPI. The three 40 LAITHWAITE CLOSE sales between June 1997 and December 2011 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 March 2002 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2011 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 40 LAITHWAITE CLOSE be worth now?

40 LAITHWAITE CLOSE might now be worth an estimated £172,612.

This is based on house price inflation of 100.7%, between December 2011 and February 2025, for semi-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 100.7% inflationary increase is applied to the most recent sale price for 40 LAITHWAITE CLOSE of £86,000 on 2nd December 2011. For the value to have increased from £86,000 to £172,612 over the fourteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 40 LAITHWAITE CLOSE has moved in line with the HPI for semi-detached houses in the Leicester local authority area.
• The December 2011 sale price of £86,000 represented a fair market value for the property.
• The size, condition, and specification of 40 LAITHWAITE CLOSE has not materially changed since December 2011.

How Large is 40 LAITHWAITE CLOSE?

40 LAITHWAITE CLOSE is 55m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 10% of semi-detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Leicester, and where 40 LAITHWAITE CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 40 LAITHWAITE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Leicester.

40 LAITHWAITE CLOSE: Plot and Title Map

40 LAITHWAITE CLOSE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 40 LAITHWAITE 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 40 LAITHWAITE 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 40 LAITHWAITE CLOSE?

40 LAITHWAITE CLOSE is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 40 on LAITHWAITE CLOSE.