7, ELDER CLOSE, SAPCOTE, LEICESTER, LE9 4BE - £230,750

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 ELDER CLOSE is a very small terraced house of 85m², built in 2012, which could now be worth an estimated £302,532. It was last sold for £230,750 in November 2017, which was around 38% above the average November 2017 terraced price in the Blaby local authority area. The most recent EPC inspection was May 2015, where the current energy rating was B, and the potential energy rating was A.

7 ELDER CLOSE Sold Prices

Land registry data shows two sales for 7 ELDER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Blaby local authority area for the corresponding sale date. Both of the two 7 ELDER 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
2017 28 NOV	£230,750	£166,812	38% above HPI
2015 22 DEC	£200,000	£145,262	38% above HPI

7 ELDER CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Blaby local authority area over time, sourced from the HPI. The two 7 ELDER CLOSE sales from December 2015 and November 2017 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 2015 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the November 2017 sale, which was also at 38% above the HPI.

What might 7 ELDER CLOSE be worth now?

7 ELDER CLOSE might now be worth an estimated £302,532.

This is based on house price inflation of 31.1%, between November 2017 and April 2026, for terraced houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.1% inflationary increase is applied to the most recent sale price for 7 ELDER CLOSE of £230,750 on 28th November 2017. For the value to have increased from £230,750 to £302,532 over the nine years and seven months to April 2026, the following assumptions must hold true:

• The value of 7 ELDER CLOSE has moved in line with the HPI for terraced houses in the Blaby local authority area.
• The November 2017 sale price of £230,750 represented a fair market value for the property.
• The size, condition, and specification of 7 ELDER CLOSE has not materially changed since November 2017.

How Large is 7 ELDER CLOSE?

7 ELDER CLOSE is 85m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of terraced houses houses in Sapcote, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Sapcote, and where 7 ELDER CLOSE lies on this distribution: 16% of terraced houses houses are smaller than 7 ELDER CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Sapcote.

7 ELDER CLOSE: Plot and Title Map

7 ELDER CLOSE sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 7 ELDER 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 ELDER 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 ELDER CLOSE?

7 ELDER CLOSE is located in SAPCOTE, in the LE9 postcode district. The below map shows the position of No. 7 on ELDER CLOSE.