10, CARA CLOSE, LEICESTER, LE2 3UD - £305,000

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

10 CARA CLOSE is a large detached house of 129m², built sometime between 2003 and 2006, which could now be worth an estimated £523,478. It was last sold for £305,000 in July 2015, which was around 35% above the average July 2015 detached price in the Leicester local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

10 CARA CLOSE Sold Prices

Land registry data shows two sales for 10 CARA 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 10 CARA 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
2015 29 JUL	£305,000	£225,216	35% above HPI
2004 15 APR	£295,000	£179,440	64% above HPI

10 CARA 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 10 CARA CLOSE sales from April 2004 and July 2015 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 2004 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the July 2015 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 10 CARA CLOSE be worth now?

10 CARA CLOSE might now be worth an estimated £523,478.

This is based on house price inflation of 71.6%, between July 2015 and December 2024, 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 71.6% inflationary increase is applied to the most recent sale price for 10 CARA CLOSE of £305,000 on 29th July 2015. For the value to have increased from £305,000 to £523,478 over the eight years and seven months to December 2024, the following assumptions must hold true:

• The value of 10 CARA CLOSE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The July 2015 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 10 CARA CLOSE has not materially changed since July 2015.

How Large is 10 CARA CLOSE?

10 CARA CLOSE is 129m² according to the EPC inspection conducted in February 2015. This puts it in the largest 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 10 CARA CLOSE lies on this distribution: 63% of detached houses houses are smaller than 10 CARA CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Leicester.

10 CARA CLOSE: Plot and Title Map

10 CARA CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 10 CARA 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 10 CARA 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 10 CARA CLOSE?

10 CARA CLOSE is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 10 on CARA CLOSE.