16, SPRINGFIELD CLOSE, GLENFIELD, LEICESTER, LE3 8RU - £122,500

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.

16 SPRINGFIELD CLOSE is a very small semi-detached house of 65m², built sometime between 1976 and 1982, which could now be worth an estimated £225,358. It was last sold for £122,500 in May 2012, which was around 13% below the average May 2012 semi-detached price in the Blaby local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

16 SPRINGFIELD CLOSE Sold Prices

Land registry data shows one sale for 16 SPRINGFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Blaby local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 18 MAY	£122,500	£140,076	13% below HPI

What might 16 SPRINGFIELD CLOSE be worth now?

16 SPRINGFIELD CLOSE might now be worth an estimated £225,358.

This is based on house price inflation of 84%, between May 2012 and May 2026, for semi-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 84% inflationary increase is applied to the most recent sale price for 16 SPRINGFIELD CLOSE of £122,500 on 18th May 2012. For the value to have increased from £122,500 to £225,358 over the fourteen years to May 2026, the following assumptions must hold true:

• The value of 16 SPRINGFIELD CLOSE has moved in line with the HPI for semi-detached houses in the Blaby local authority area.
• The May 2012 sale price of £122,500 represented a fair market value for the property.
• The size, condition, and specification of 16 SPRINGFIELD CLOSE has not materially changed since May 2012.

How Large is 16 SPRINGFIELD CLOSE?

16 SPRINGFIELD CLOSE is 65m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 20% of semi-detached houses in Leicester, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Leicester, and where 16 SPRINGFIELD CLOSE lies on this distribution: 11% of semi-detached houses are smaller than 16 SPRINGFIELD CLOSE, and 88% of semi-detached houses are larger. Note that EPC data is not available for all properties in Leicester.

16 SPRINGFIELD CLOSE: Plot

16 SPRINGFIELD CLOSE sits on a plot of roughly 0.037 of an acre, or 148m².

Where is 16 SPRINGFIELD CLOSE?

16 SPRINGFIELD CLOSE is located in GLENFIELD, in the LE3 postcode district.