10, PARHAM CLOSE, LEICESTER, LE3 9ER - £260,000

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.

10 PARHAM CLOSE is a small detached house of 99m², built sometime between 1996 and 2002, which could now be worth an estimated £368,644. It was last sold for £260,000 in August 2017, which was around 5% below the average August 2017 detached price in the Leicester local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

10 PARHAM CLOSE Sold Prices

Land registry data shows three sales for 10 PARHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. One of the three 10 PARHAM CLOSE sales was for below the average price, whilst two 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
2017 18 AUG	£260,000	£272,293	5% below HPI
2002 28 JUN	£141,500	£123,558	15% above HPI
2000 1 DEC	£100,500	£90,252	11% above HPI

10 PARHAM 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 three 10 PARHAM CLOSE sales between December 2000 and August 2017 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 2002 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2017 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 10 PARHAM CLOSE be worth now?

10 PARHAM CLOSE might now be worth an estimated £368,644.

This is based on house price inflation of 41.8%, between August 2017 and February 2025, 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 41.8% inflationary increase is applied to the most recent sale price for 10 PARHAM CLOSE of £260,000 on 18th August 2017. For the value to have increased from £260,000 to £368,644 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 10 PARHAM CLOSE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The August 2017 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 10 PARHAM CLOSE has not materially changed since August 2017.

How Large is 10 PARHAM CLOSE?

10 PARHAM CLOSE is 99m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 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 PARHAM CLOSE lies on this distribution: 33% of detached houses houses are smaller than 10 PARHAM CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Leicester.

10 PARHAM CLOSE: Plot and Title Map

10 PARHAM CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 10 PARHAM 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 PARHAM 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 PARHAM CLOSE?

10 PARHAM CLOSE is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 10 on PARHAM CLOSE.