1, GREGORY CLOSE, THURMASTON, LEICESTER, LE4 8BP - £283,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 GREGORY CLOSE is a very small detached house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £313,938. It was last sold for £283,000 in November 2021, which was around 24% below the average November 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

1 GREGORY CLOSE Sold Prices

Land registry data shows two sales for 1 GREGORY 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 GREGORY 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
2021 2 NOV	£283,000	£371,447	24% below HPI
1997 20 JUN	£59,950	£85,516	30% below HPI

1 GREGORY 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 GREGORY CLOSE sales from June 1997 and November 2021 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 June 1997 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 1 GREGORY CLOSE be worth now?

1 GREGORY CLOSE might now be worth an estimated £313,938.

This is based on house price inflation of 10.9%, between November 2021 and December 2024, 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 10.9% inflationary increase is applied to the most recent sale price for 1 GREGORY CLOSE of £283,000 on 2nd November 2021. For the value to have increased from £283,000 to £313,938 over the two years and eleven months to December 2024, the following assumptions must hold true:

• The value of 1 GREGORY CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The November 2021 sale price of £283,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GREGORY CLOSE has not materially changed since November 2021.

How Large is 1 GREGORY CLOSE?

1 GREGORY CLOSE is 68m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of detached houses houses in Thurmaston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thurmaston, and where 1 GREGORY CLOSE lies on this distribution: 19% of detached houses houses are smaller than 1 GREGORY CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Thurmaston.

1 GREGORY CLOSE: Plot and Title Map

1 GREGORY CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 1 GREGORY 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 GREGORY 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 GREGORY CLOSE?

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