2, CHAPPELL CLOSE, THURMASTON, LEICESTER, LE4 8DZ - £187,000

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.

2 CHAPPELL CLOSE is a very small extended detached house of 61m², built sometime between 1950 and 1966, which could now be worth an estimated £251,200. It was last sold for £187,000 in June 2019, which was around 42% below the average June 2019 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.

2 CHAPPELL CLOSE Sold Prices

Land registry data shows one sale for 2 CHAPPELL CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Charnwood 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
2019 7 JUN	£187,000	£319,810	42% below HPI

What might 2 CHAPPELL CLOSE be worth now?

2 CHAPPELL CLOSE might now be worth an estimated £251,200.

This is based on house price inflation of 34.3%, between June 2019 and May 2026, for 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 34.3% inflationary increase is applied to the most recent sale price for 2 CHAPPELL CLOSE of £187,000 on 7th June 2019. For the value to have increased from £187,000 to £251,200 over the seven years and one month to May 2026, the following assumptions must hold true:

• The value of 2 CHAPPELL CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The June 2019 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHAPPELL CLOSE has not materially changed since June 2019.

How Large is 2 CHAPPELL CLOSE?

2 CHAPPELL CLOSE is 61m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% of detached houses in Thurmaston, based on EPC data. The below chart shows the distribution of detached houses by size in Thurmaston, and where 2 CHAPPELL CLOSE lies on this distribution: 10% of detached houses are smaller than 2 CHAPPELL CLOSE, and 89% of detached houses are larger. Note that EPC data is not available for all properties in Thurmaston.

2 CHAPPELL CLOSE: Plot

2 CHAPPELL CLOSE sits on a plot of roughly 0.080 of an acre, or 323m².

Where is 2 CHAPPELL CLOSE?

2 CHAPPELL CLOSE is located in THURMASTON, in the LE4 postcode district.