1, OLD FARM CLOSE, ROTHLEY, LEICESTER, LE7 7PQ - £700,000

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 OLD FARM CLOSE is a very large detached house of 216m², which could now be worth an estimated £870,388. It was last sold for £700,000 in November 2019, which was around 109% above the average November 2019 detached price in the Charnwood local authority area. The most recent EPC inspection was April 2014, where the current energy rating was B, and the potential energy rating was B.

1 OLD FARM CLOSE Sold Prices

Land registry data shows two sales for 1 OLD FARM 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 OLD FARM 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
2019 28 NOV	£700,000	£334,741	109% above HPI
2014 23 APR	£569,800	£247,771	130% above HPI

1 OLD FARM 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 OLD FARM CLOSE sales from April 2014 and November 2019 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 April 2014 sale was for 130% above the HPI. So the extrapolation line tracks at 130% above the HPI over time, until the November 2019 sale, where it falls to 109% above the HPI. The line then continues to track at 109% above the HPI.

What might 1 OLD FARM CLOSE be worth now?

1 OLD FARM CLOSE might now be worth an estimated £870,388.

This is based on house price inflation of 24.3%, between November 2019 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 24.3% inflationary increase is applied to the most recent sale price for 1 OLD FARM CLOSE of £700,000 on 28th November 2019. For the value to have increased from £700,000 to £870,388 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 OLD FARM CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The November 2019 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OLD FARM CLOSE has not materially changed since November 2019.

How Large is 1 OLD FARM CLOSE?

1 OLD FARM CLOSE is 216m² according to the EPC inspection conducted in April 2014. This puts it in the largest 20% 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 OLD FARM CLOSE lies on this distribution: 89% of detached houses houses are smaller than 1 OLD FARM CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Rothley.

1 OLD FARM CLOSE: Plot and Title Map

1 OLD FARM CLOSE sits on a plot of roughly 0.156 of an acre, or 633m². The below map shows the location of 1 OLD FARM 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 OLD FARM 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 OLD FARM CLOSE?

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