8, PADDOCK CLOSE, ROTHLEY, LEICESTER, LE7 7NP - £271,000

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.

8 PADDOCK CLOSE is a very small extended semi-detached house of 85m², built sometime between 1996 and 2002, which could now be worth an estimated £433,625. It was last sold for £271,000 in August 2015, which was around 61% above the average August 2015 semi-detached price in the Charnwood local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

8 PADDOCK CLOSE Sold Prices

Land registry data shows three sales for 8 PADDOCK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Charnwood local authority area for the corresponding sale date. All of the three 8 PADDOCK 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
2015 27 AUG	£271,000	£168,267	61% above HPI
2007 29 JUN	£225,000	£160,649	40% above HPI
1998 6 FEB	£103,000	£54,690	88% above HPI

8 PADDOCK CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Charnwood local authority area over time, sourced from the HPI. The three 8 PADDOCK CLOSE sales between February 1998 and August 2015 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 June 2007 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the August 2015 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might 8 PADDOCK CLOSE be worth now?

8 PADDOCK CLOSE might now be worth an estimated £433,625.

This is based on house price inflation of 60%, between August 2015 and April 2026, for semi-detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60% inflationary increase is applied to the most recent sale price for 8 PADDOCK CLOSE of £271,000 on 27th August 2015. For the value to have increased from £271,000 to £433,625 over the eleven years and four months to April 2026, the following assumptions must hold true:

• The value of 8 PADDOCK CLOSE has moved in line with the HPI for semi-detached houses in the Charnwood local authority area.
• The August 2015 sale price of £271,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PADDOCK CLOSE has not materially changed since August 2015.

How Large is 8 PADDOCK CLOSE?

8 PADDOCK CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of semi-detached houses houses in Rothley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rothley, and where 8 PADDOCK CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 8 PADDOCK CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Rothley.

8 PADDOCK CLOSE: Plot and Title Map

8 PADDOCK CLOSE sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 8 PADDOCK 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 PADDOCK 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 PADDOCK CLOSE?

8 PADDOCK CLOSE is located in ROTHLEY, in the LE7 postcode district. The below map shows the position of No. 8 on PADDOCK CLOSE.