7, CARA CLOSE, LEICESTER, LE2 3UD - £260,000

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.

7 CARA CLOSE is a very small semi-detached house of 75m², built sometime between 2003 and 2006, which could now be worth an estimated £356,687. It was last sold for £260,000 in August 2019, which was around 32% above the average August 2019 semi-detached price in the Leicester local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

7 CARA CLOSE Sold Prices

Land registry data shows three sales for 7 CARA 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 7 CARA 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
2019 23 AUG	£260,000	£196,866	32% above HPI
2006 23 JUN	£185,000	£133,875	38% above HPI
2003 19 DEC	£176,500	£108,742	62% above HPI

7 CARA 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 7 CARA CLOSE sales between December 2003 and August 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 June 2006 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the August 2019 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 7 CARA CLOSE be worth now?

7 CARA CLOSE might now be worth an estimated £356,687.

This is based on house price inflation of 37.2%, between August 2019 and April 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 37.2% inflationary increase is applied to the most recent sale price for 7 CARA CLOSE of £260,000 on 23rd August 2019. For the value to have increased from £260,000 to £356,687 over the seven years and four months to April 2026, the following assumptions must hold true:

• The value of 7 CARA CLOSE has moved in line with the HPI for semi-detached houses in the Leicester local authority area.
• The August 2019 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CARA CLOSE has not materially changed since August 2019.

How Large is 7 CARA CLOSE?

7 CARA CLOSE is 75m² according to the EPC inspection conducted in February 2017. 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 7 CARA CLOSE lies on this distribution: 9% of semi-detached houses houses are smaller than 7 CARA CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Leicester.

7 CARA CLOSE: Plot and Title Map

7 CARA CLOSE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 7 CARA 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 7 CARA 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 7 CARA CLOSE?

7 CARA CLOSE is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 7 on CARA CLOSE.