1, EMERSON CLOSE, LEICESTER, LE4 0PE - £200,000

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 EMERSON CLOSE is a small extended detached house of 97m², built sometime between 1983 and 1990, which could now be worth an estimated £281,108. It was last sold for £200,000 in October 2017, which was around 27% below the average October 2017 detached price in the Leicester local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

1 EMERSON CLOSE Sold Prices

Land registry data shows two sales for 1 EMERSON 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 EMERSON 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
2017 11 OCT	£200,000	£274,680	27% below HPI
2011 12 DEC	£144,000	£199,717	28% below HPI

1 EMERSON 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 EMERSON CLOSE sales from December 2011 and October 2017 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 2011 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2017 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 1 EMERSON CLOSE be worth now?

1 EMERSON CLOSE might now be worth an estimated £281,108.

This is based on house price inflation of 40.6%, between October 2017 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 40.6% inflationary increase is applied to the most recent sale price for 1 EMERSON CLOSE of £200,000 on 11th October 2017. For the value to have increased from £200,000 to £281,108 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 EMERSON CLOSE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The October 2017 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 1 EMERSON CLOSE has not materially changed since October 2017.

How Large is 1 EMERSON CLOSE?

1 EMERSON CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 40% 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 EMERSON CLOSE lies on this distribution: 32% of detached houses houses are smaller than 1 EMERSON CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Leicester.

1 EMERSON CLOSE: Plot and Title Map

1 EMERSON CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 1 EMERSON 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 EMERSON 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 EMERSON CLOSE?

1 EMERSON CLOSE is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 1 on EMERSON CLOSE.