6, BURROW CLOSE, LEICESTER, LE3 9SP - £325,000

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.

6 BURROW CLOSE is a large extended detached house of 129m², built sometime between 2007 and 2011, which could now be worth an estimated £378,510. It was last sold for £325,000 in February 2021, which was around 2% below the average February 2021 detached price in the Leicester local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

6 BURROW CLOSE Sold Prices

Land registry data shows two sales for 6 BURROW 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. One of the two 6 BURROW 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
2021 19 FEB	£325,000	£332,807	2% below HPI
2007 14 DEC	£266,000	£216,258	23% above HPI

6 BURROW 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 6 BURROW CLOSE sales from December 2007 and February 2021 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 2007 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the February 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 6 BURROW CLOSE be worth now?

6 BURROW CLOSE might now be worth an estimated £378,510.

This is based on house price inflation of 16.5%, between February 2021 and May 2026, 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 16.5% inflationary increase is applied to the most recent sale price for 6 BURROW CLOSE of £325,000 on 19th February 2021. For the value to have increased from £325,000 to £378,510 over the four years and nine months to May 2026, the following assumptions must hold true:

• The value of 6 BURROW CLOSE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The February 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 6 BURROW CLOSE has not materially changed since February 2021.

How Large is 6 BURROW CLOSE?

6 BURROW CLOSE is 129m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the largest 40% 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 6 BURROW CLOSE lies on this distribution: 63% of detached houses houses are smaller than 6 BURROW CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Leicester.

6 BURROW CLOSE: Plot and Title Map

6 BURROW CLOSE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 6 BURROW 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 6 BURROW 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 6 BURROW CLOSE?

6 BURROW CLOSE is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 6 on BURROW CLOSE.