1, FARNHAM CLOSE, ROTHLEY, LEICESTER, LE7 7PE - £435,000

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 FARNHAM CLOSE is a small detached house of 104m², built sometime between 1983 and 1990, which could now be worth an estimated £641,604. It was last sold for £435,000 in June 2016, which was around 54% above the average June 2016 detached price in the Charnwood local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

1 FARNHAM CLOSE Sold Prices

Land registry data shows two sales for 1 FARNHAM 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 Charnwood local authority area for the corresponding sale date. Both of the two 1 FARNHAM CLOSE sales were for above 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
2016 17 JUN	£435,000	£282,193	54% above HPI
2009 4 DEC	£298,000	£234,776	27% above HPI

1 FARNHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 1 FARNHAM CLOSE sales from December 2009 and June 2016 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 2009 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the June 2016 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 1 FARNHAM CLOSE be worth now?

1 FARNHAM CLOSE might now be worth an estimated £641,604.

This is based on house price inflation of 47.5%, between June 2016 and February 2025, 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 47.5% inflationary increase is applied to the most recent sale price for 1 FARNHAM CLOSE of £435,000 on 17th June 2016. For the value to have increased from £435,000 to £641,604 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 1 FARNHAM CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The June 2016 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FARNHAM CLOSE has not materially changed since June 2016.

How Large is 1 FARNHAM CLOSE?

1 FARNHAM CLOSE is 104m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 30% of detached houses houses in Rothley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rothley, and where 1 FARNHAM CLOSE lies on this distribution: 25% of detached houses houses are smaller than 1 FARNHAM CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Rothley.

1 FARNHAM CLOSE: Plot and Title Map

1 FARNHAM CLOSE sits on a plot of roughly 1.2 acres, or 4,840m². The below map shows the location of 1 FARNHAM 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 FARNHAM 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 FARNHAM CLOSE?

1 FARNHAM CLOSE is located in ROTHLEY, in the LE7 postcode district. The below map shows the position of No. 1 on FARNHAM CLOSE.