1, SIMPSON CLOSE, SYSTON, LEICESTER, LE7 2BJ - £495,000

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 SIMPSON CLOSE is a very large extended detached house of 157m², built sometime between 1996 and 2002, which could now be worth an estimated £520,159. It was last sold for £495,000 in May 2022, which was around 26% above the average May 2022 detached price in the Charnwood local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

1 SIMPSON CLOSE Sold Prices

Land registry data shows two sales for 1 SIMPSON 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 SIMPSON 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
2022 26 MAY	£495,000	£392,124	26% above HPI
1999 28 MAY	£154,950	£98,113	58% above HPI

1 SIMPSON 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 SIMPSON CLOSE sales from May 1999 and May 2022 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 May 1999 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the May 2022 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 1 SIMPSON CLOSE be worth now?

1 SIMPSON CLOSE might now be worth an estimated £520,159.

This is based on house price inflation of 5.1%, between May 2022 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 5.1% inflationary increase is applied to the most recent sale price for 1 SIMPSON CLOSE of £495,000 on 26th May 2022. For the value to have increased from £495,000 to £520,159 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of 1 SIMPSON CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The May 2022 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SIMPSON CLOSE has not materially changed since May 2022.

How Large is 1 SIMPSON CLOSE?

1 SIMPSON CLOSE is 157m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 20% of detached houses houses in Syston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Syston, and where 1 SIMPSON CLOSE lies on this distribution: 81% of detached houses houses are smaller than 1 SIMPSON CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Syston.

1 SIMPSON CLOSE: Plot and Title Map

1 SIMPSON CLOSE sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 1 SIMPSON 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 SIMPSON 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 SIMPSON CLOSE?

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