1, COLEBROOK CLOSE, LEICESTER, LE5 5NQ - £280,000

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.

1 COLEBROOK CLOSE is a small extended detached house of 96m², built sometime between 1976 and 1982, which could now be worth an estimated £283,508. It was last sold for £280,000 in May 2024, which was around 27% below the average May 2024 detached price in the Leicester local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

1 COLEBROOK CLOSE Sold Prices

Land registry data shows two sales for 1 COLEBROOK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. Both of the two 1 COLEBROOK 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
2024 23 MAY	£280,000	£381,297	27% below HPI
2002 26 JUL	£123,000	£128,211	4% below HPI

1 COLEBROOK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The two 1 COLEBROOK CLOSE sales from July 2002 and May 2024 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 July 2002 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2024 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 1 COLEBROOK CLOSE be worth now?

1 COLEBROOK CLOSE might now be worth an estimated £283,508.

This is based on house price inflation of 1.3%, between May 2024 and February 2025, for detached 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 1.3% inflationary increase is applied to the most recent sale price for 1 COLEBROOK CLOSE of £280,000 on 23rd May 2024. For the value to have increased from £280,000 to £283,508 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 1 COLEBROOK CLOSE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The May 2024 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 1 COLEBROOK CLOSE has not materially changed since May 2024.

How Large is 1 COLEBROOK CLOSE?

1 COLEBROOK CLOSE is 96m², which includes two extensions, according to the EPC inspection conducted in January 2024. This puts it in the smallest 30% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 1 COLEBROOK CLOSE lies on this distribution: 30% of detached houses houses are smaller than 1 COLEBROOK CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Leicester.

1 COLEBROOK CLOSE: Plot and Title Map

1 COLEBROOK CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 1 COLEBROOK 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 1 COLEBROOK 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 1 COLEBROOK CLOSE?

1 COLEBROOK CLOSE is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 1 on COLEBROOK CLOSE.