8, GALLIMORE CLOSE, GLENFIELD, LEICESTER, LE3 8HA - £423,750

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.

8 GALLIMORE CLOSE is a very large extended detached house of 181m², built sometime between 1950 and 1966, which could now be worth an estimated £606,134. It was last sold for £423,750 in January 2017, which was around 57% above the average January 2017 detached price in the Blaby local authority area. The most recent EPC inspection was September 2016, where the current energy rating was B, and the potential energy rating was B.

8 GALLIMORE CLOSE Sold Prices

Land registry data shows two sales for 8 GALLIMORE 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 Blaby local authority area for the corresponding sale date. Both of the two 8 GALLIMORE 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 12 JAN	£423,750	£269,216	57% above HPI
2010 18 MAR	£305,000	£216,644	41% above HPI

8 GALLIMORE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The two 8 GALLIMORE CLOSE sales from March 2010 and January 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 March 2010 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the January 2017 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might 8 GALLIMORE CLOSE be worth now?

8 GALLIMORE CLOSE might now be worth an estimated £606,134.

This is based on house price inflation of 43%, between January 2017 and May 2026, for detached 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 43% inflationary increase is applied to the most recent sale price for 8 GALLIMORE CLOSE of £423,750 on 12th January 2017. For the value to have increased from £423,750 to £606,134 over the eight years and eight months to May 2026, the following assumptions must hold true:

• The value of 8 GALLIMORE CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The January 2017 sale price of £423,750 represented a fair market value for the property.
• The size, condition, and specification of 8 GALLIMORE CLOSE has not materially changed since January 2017.

How Large is 8 GALLIMORE CLOSE?

8 GALLIMORE CLOSE is 181m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 20% 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 8 GALLIMORE CLOSE lies on this distribution: 88% of detached houses houses are smaller than 8 GALLIMORE CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Leicester.

8 GALLIMORE CLOSE: Plot and Title Map

8 GALLIMORE CLOSE sits on a plot of roughly 0.489 of an acre, or 1,979m². The below map shows the location of 8 GALLIMORE 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 8 GALLIMORE 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 8 GALLIMORE CLOSE?

8 GALLIMORE CLOSE is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 8 on GALLIMORE CLOSE.