7, PADGATE CLOSE, SCRAPTOFT, LEICESTER, LE7 9UL - £277,500

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 PADGATE CLOSE is a midsized extended detached house of 121m², built sometime between 1983 and 1990, which could now be worth an estimated £421,106. It was last sold for £277,500 in September 2014, which was around 10% below the average September 2014 detached price in the Harborough local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was C.

7 PADGATE CLOSE Sold Prices

Land registry data shows two sales for 7 PADGATE 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 Harborough local authority area for the corresponding sale date. One of the two 7 PADGATE 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
2014 5 SEP	£277,500	£307,444	10% below HPI
1997 27 MAR	£100,000	£90,541	10% above HPI

7 PADGATE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The two 7 PADGATE CLOSE sales from March 1997 and September 2014 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 March 1997 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2014 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 7 PADGATE CLOSE be worth now?

7 PADGATE CLOSE might now be worth an estimated £421,106.

This is based on house price inflation of 51.7%, between September 2014 and April 2026, for detached houses, in the Harborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.7% inflationary increase is applied to the most recent sale price for 7 PADGATE CLOSE of £277,500 on 5th September 2014. For the value to have increased from £277,500 to £421,106 over the twelve years and five months to April 2026, the following assumptions must hold true:

• The value of 7 PADGATE CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The September 2014 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 7 PADGATE CLOSE has not materially changed since September 2014.

How Large is 7 PADGATE CLOSE?

7 PADGATE CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 50% 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 7 PADGATE CLOSE lies on this distribution: 56% of detached houses houses are smaller than 7 PADGATE CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Leicester.

7 PADGATE CLOSE: Plot and Title Map

7 PADGATE CLOSE sits on a plot of roughly 0.168 of an acre, or 678m². The below map shows the location of 7 PADGATE 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 PADGATE 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 PADGATE CLOSE?

7 PADGATE CLOSE is located in SCRAPTOFT, in the LE7 postcode district. The below map shows the position of No. 7 on PADGATE CLOSE.