7, LAITHWAITE CLOSE, LEICESTER, LE4 1BX - £78,000

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 LAITHWAITE CLOSE is a very small semi-detached house of 48m², built sometime between 1991 and 1995, which could now be worth an estimated £114,588. It was last sold for £78,000 in September 2017, which was around 56% below the average September 2017 semi-detached price in the Leicester local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was B.

7 LAITHWAITE CLOSE Sold Prices

Land registry data shows five sales for 7 LAITHWAITE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Leicester local authority area for the corresponding sale date. All of the five 7 LAITHWAITE 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
2017 15 SEP	£78,000	£178,530	56% below HPI
2009 18 DEC	£69,000	£126,040	45% below HPI
2003 7 NOV	£57,000	£107,685	47% below HPI
1998 2 NOV	£24,650	£46,655	47% below HPI
1995 10 FEB	£23,500	£41,534	43% below HPI

7 LAITHWAITE 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 five 7 LAITHWAITE CLOSE sales between February 1995 and September 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 2009 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the September 2017 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

What might 7 LAITHWAITE CLOSE be worth now?

7 LAITHWAITE CLOSE might now be worth an estimated £114,588.

This is based on house price inflation of 46.9%, between September 2017 and February 2025, 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 46.9% inflationary increase is applied to the most recent sale price for 7 LAITHWAITE CLOSE of £78,000 on 15th September 2017. For the value to have increased from £78,000 to £114,588 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 7 LAITHWAITE CLOSE has moved in line with the HPI for semi-detached houses in the Leicester local authority area.
• The September 2017 sale price of £78,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LAITHWAITE CLOSE has not materially changed since September 2017.

How Large is 7 LAITHWAITE CLOSE?

7 LAITHWAITE CLOSE is 48m² according to the EPC inspection conducted in September 2019. 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 LAITHWAITE CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 7 LAITHWAITE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Leicester.

7 LAITHWAITE CLOSE: Plot and Title Map

7 LAITHWAITE CLOSE sits on a plot of roughly 0.021 of an acre, or 86m². The below map shows the location of 7 LAITHWAITE 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 LAITHWAITE 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 LAITHWAITE CLOSE?

7 LAITHWAITE CLOSE is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 7 on LAITHWAITE CLOSE.