9, MARSH CLOSE, LEICESTER, LE4 7TJ - £101,000

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.

9 MARSH CLOSE is a very small terraced house of 42m², built sometime between 1976 and 1982, which could now be worth an estimated £145,149. It was last sold for £101,000 in April 2018, which was around 30% below the average April 2018 terraced price in the Leicester local authority area. The most recent EPC inspection was December 2017, where the current energy rating was E, and the potential energy rating was B.

9 MARSH CLOSE Sold Prices

Land registry data shows two sales for 9 MARSH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Leicester local authority area for the corresponding sale date. Both of the two 9 MARSH 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
2018 16 APR	£101,000	£144,552	30% below HPI
2006 18 DEC	£89,000	£112,192	21% below HPI

9 MARSH CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Leicester local authority area over time, sourced from the HPI. The two 9 MARSH CLOSE sales from December 2006 and April 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 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 9 MARSH CLOSE be worth now?

9 MARSH CLOSE might now be worth an estimated £145,149.

This is based on house price inflation of 43.7%, between April 2018 and May 2026, for terraced 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 43.7% inflationary increase is applied to the most recent sale price for 9 MARSH CLOSE of £101,000 on 16th April 2018. For the value to have increased from £101,000 to £145,149 over the seven years and eleven months to May 2026, the following assumptions must hold true:

• The value of 9 MARSH CLOSE has moved in line with the HPI for terraced houses in the Leicester local authority area.
• The April 2018 sale price of £101,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MARSH CLOSE has not materially changed since April 2018.

How Large is 9 MARSH CLOSE?

9 MARSH CLOSE is 42m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 10% 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 9 MARSH CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 9 MARSH CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Leicester.

9 MARSH CLOSE: Plot and Title Map

9 MARSH CLOSE sits on a plot of roughly 0.023 of an acre, or 94m². The below map shows the location of 9 MARSH 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 9 MARSH 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 9 MARSH CLOSE?

9 MARSH CLOSE is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 9 on MARSH CLOSE.