7, THOMAS CLOSE, BRAUNSTONE, LEICESTER, LE3 2FX - £185,000

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 THOMAS CLOSE is a very small terraced house of 85m², built sometime between 2007 and 2011, which could now be worth an estimated £239,780. It was last sold for £185,000 in May 2018, which was around 10% above the average May 2018 terraced price in the Blaby local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

7 THOMAS CLOSE Sold Prices

Land registry data shows three sales for 7 THOMAS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Blaby local authority area for the corresponding sale date. All of the three 7 THOMAS 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
2018 30 MAY	£185,000	£168,739	10% above HPI
2015 4 DEC	£161,500	£145,262	11% above HPI
2007 9 FEB	£170,500	£127,955	33% above HPI

7 THOMAS 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 three 7 THOMAS CLOSE sales between February 2007 and May 2018 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 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2018 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 7 THOMAS CLOSE be worth now?

7 THOMAS CLOSE might now be worth an estimated £239,780.

This is based on house price inflation of 29.6%, between May 2018 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 29.6% inflationary increase is applied to the most recent sale price for 7 THOMAS CLOSE of £185,000 on 30th May 2018. For the value to have increased from £185,000 to £239,780 over the eight years and one month to April 2026, the following assumptions must hold true:

• The value of 7 THOMAS CLOSE has moved in line with the HPI for terraced houses in the Blaby local authority area.
• The May 2018 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THOMAS CLOSE has not materially changed since May 2018.

How Large is 7 THOMAS CLOSE?

7 THOMAS CLOSE is 85m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of terraced houses houses in Leicester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Leicester, and where 7 THOMAS CLOSE lies on this distribution: 18% of terraced houses houses are smaller than 7 THOMAS CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Leicester.

7 THOMAS CLOSE: Plot and Title Map

7 THOMAS CLOSE sits on a plot of roughly 0.032 of an acre, or 131m². The below map shows the location of 7 THOMAS 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 THOMAS 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 THOMAS CLOSE?

7 THOMAS CLOSE is located in BRAUNSTONE, in the LE3 postcode district. The below map shows the position of No. 7 on THOMAS CLOSE.