5, SOCKBURN CLOSE, HAMILTON, LEICESTER, LE5 1NR - £180,000

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 SOCKBURN CLOSE is a very small semi-detached house of 82m², built sometime between 2007 and 2011, which could now be worth an estimated £242,206. It was last sold for £180,000 in September 2019, which was around 9% below the average September 2019 semi-detached price in the Leicester local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

5 SOCKBURN CLOSE Sold Prices

Land registry data shows two sales for 5 SOCKBURN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Leicester local authority area for the corresponding sale date. Both of the two 5 SOCKBURN 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
2019 12 SEP	£180,000	£196,905	9% below HPI
2008 28 OCT	£129,192	£134,021	4% below HPI

5 SOCKBURN 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 two 5 SOCKBURN CLOSE sales from October 2008 and September 2019 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 October 2008 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2019 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 5 SOCKBURN CLOSE be worth now?

5 SOCKBURN CLOSE might now be worth an estimated £242,206.

This is based on house price inflation of 34.6%, between September 2019 and May 2026, 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 34.6% inflationary increase is applied to the most recent sale price for 5 SOCKBURN CLOSE of £180,000 on 12th September 2019. For the value to have increased from £180,000 to £242,206 over the seven years and four months to May 2026, the following assumptions must hold true:

• The value of 5 SOCKBURN CLOSE has moved in line with the HPI for semi-detached houses in the Leicester local authority area.
• The September 2019 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SOCKBURN CLOSE has not materially changed since September 2019.

How Large is 5 SOCKBURN CLOSE?

5 SOCKBURN CLOSE is 82m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% 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 5 SOCKBURN CLOSE lies on this distribution: 15% of semi-detached houses houses are smaller than 5 SOCKBURN CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Leicester.

5 SOCKBURN CLOSE: Plot and Title Map

5 SOCKBURN CLOSE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 5 SOCKBURN 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 SOCKBURN 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 SOCKBURN CLOSE?

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