67, MARSH CLOSE, LEICESTER, LE4 7TJ - £48,000

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.

67 MARSH CLOSE is a very small detached house of 45m², built sometime between 1983 and 1990, which could now be worth an estimated £198,106. It was last sold for £48,000 in March 2001, which was around 49% below the average March 2001 detached price in the Leicester local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

67 MARSH CLOSE Sold Prices

Land registry data shows two sales for 67 MARSH 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 67 MARSH 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
2001 2 MAR	£48,000	£93,914	49% below HPI
1999 6 MAY	£49,500	£77,155	36% below HPI

67 MARSH 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 67 MARSH CLOSE sales from May 1999 and March 2001 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 May 1999 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2001 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 67 MARSH CLOSE be worth now?

67 MARSH CLOSE might now be worth an estimated £198,106.

This is based on house price inflation of 312.7%, between March 2001 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 312.7% inflationary increase is applied to the most recent sale price for 67 MARSH CLOSE of £48,000 on 2nd March 2001. For the value to have increased from £48,000 to £198,106 over the 24 years and ten months to May 2026, the following assumptions must hold true:

• The value of 67 MARSH CLOSE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The March 2001 sale price of £48,000 represented a fair market value for the property.
• The size, condition, and specification of 67 MARSH CLOSE has not materially changed since March 2001.

How Large is 67 MARSH CLOSE?

67 MARSH CLOSE is 45m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% 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 67 MARSH CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 67 MARSH CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Leicester.

67 MARSH CLOSE: Plot and Title Map

67 MARSH CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 67 MARSH 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 67 MARSH 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 67 MARSH CLOSE?

67 MARSH CLOSE is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 67 on MARSH CLOSE.