5, RAMSON CLOSE, HAMILTON, LEICESTER, LE5 1RY - £140,000

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.

5 RAMSON CLOSE is a small extended terraced house of 97m², built sometime between 1996 and 2002, which could now be worth an estimated £297,245. It was last sold for £140,000 in July 2009, which was around 40% above the average July 2009 terraced price in the Leicester local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

5 RAMSON CLOSE Sold Prices

Land registry data shows three sales for 5 RAMSON 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 5 RAMSON 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
2009 17 JUL	£140,000	£99,939	40% above HPI
2003 19 AUG	£111,950	£79,098	42% above HPI
1999 29 JAN	£62,500	£35,345	77% above HPI

5 RAMSON 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 5 RAMSON CLOSE sales between January 1999 and July 2009 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 2003 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the July 2009 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 5 RAMSON CLOSE be worth now?

5 RAMSON CLOSE might now be worth an estimated £297,245.

This is based on house price inflation of 112.3%, between July 2009 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 112.3% inflationary increase is applied to the most recent sale price for 5 RAMSON CLOSE of £140,000 on 17th July 2009. For the value to have increased from £140,000 to £297,245 over the seventeen years and three months to April 2026, the following assumptions must hold true:

• The value of 5 RAMSON CLOSE has moved in line with the HPI for terraced houses in the Leicester local authority area.
• The July 2009 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RAMSON CLOSE has not materially changed since July 2009.

How Large is 5 RAMSON CLOSE?

5 RAMSON CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in February 2009. This puts it in the smallest 40% 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 5 RAMSON CLOSE lies on this distribution: 32% of terraced houses houses are smaller than 5 RAMSON CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Leicester.

5 RAMSON CLOSE: Plot and Title Map

5 RAMSON CLOSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 5 RAMSON 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 5 RAMSON 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 5 RAMSON CLOSE?

5 RAMSON CLOSE is located in HAMILTON, in the LE5 postcode district. The below map shows the position of No. 5 on RAMSON CLOSE.