38, PADSIDE CLOSE, HAMILTON, LEICESTER, LE5 1PE - £59,000

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.

38 PADSIDE CLOSE is a very small terraced house of 40m², built sometime between 2003 and 2006, which could now be worth an estimated £127,347. It was last sold for £59,000 in May 2009, which was around 40% below the average May 2009 terraced price in the Leicester local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was A.

38 PADSIDE CLOSE Sold Prices

Land registry data shows one sale for 38 PADSIDE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Leicester 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
2009 19 MAY	£59,000	£98,307	40% below HPI

What might 38 PADSIDE CLOSE be worth now?

38 PADSIDE CLOSE might now be worth an estimated £127,347.

This is based on house price inflation of 115.8%, between May 2009 and April 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 115.8% inflationary increase is applied to the most recent sale price for 38 PADSIDE CLOSE of £59,000 on 19th May 2009. For the value to have increased from £59,000 to £127,347 over the seventeen years and one month to April 2026, the following assumptions must hold true:

• The value of 38 PADSIDE CLOSE has moved in line with the HPI for terraced houses in the Leicester local authority area.
• The May 2009 sale price of £59,000 represented a fair market value for the property.
• The size, condition, and specification of 38 PADSIDE CLOSE has not materially changed since May 2009.

How Large is 38 PADSIDE CLOSE?

38 PADSIDE CLOSE is 40m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of terraced houses in Leicester, based on EPC data. The below chart shows the distribution of terraced houses by size in Leicester, and where 38 PADSIDE CLOSE lies on this distribution: 1% of terraced houses are smaller than 38 PADSIDE CLOSE, and 99% of terraced houses are larger. Note that EPC data is not available for all properties in Leicester.

38 PADSIDE CLOSE: Plot

38 PADSIDE CLOSE sits on a plot of roughly 0.013 of an acre, or 53m².

Where is 38 PADSIDE CLOSE?

38 PADSIDE CLOSE is located in HAMILTON, in the LE5 postcode district.