12, ALBERMARLE CLOSE, LEICESTER, LE5 0RG - £345,000

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.

12 ALBERMARLE CLOSE is a large detached house of 145m², built sometime from 2007 onwards, which could now be worth an estimated £443,987. It was last sold for £345,000 in June 2019, which was around 15% above the average June 2019 detached price in the Leicester local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

12 ALBERMARLE CLOSE Sold Prices

Land registry data shows two sales for 12 ALBERMARLE 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 12 ALBERMARLE 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 7 JUN	£345,000	£299,999	15% above HPI
2009 19 OCT	£246,550	£187,594	31% above HPI

12 ALBERMARLE 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 12 ALBERMARLE CLOSE sales from October 2009 and June 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 October 2009 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the June 2019 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 12 ALBERMARLE CLOSE be worth now?

12 ALBERMARLE CLOSE might now be worth an estimated £443,987.

This is based on house price inflation of 28.7%, between June 2019 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 28.7% inflationary increase is applied to the most recent sale price for 12 ALBERMARLE CLOSE of £345,000 on 7th June 2019. For the value to have increased from £345,000 to £443,987 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 12 ALBERMARLE CLOSE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The June 2019 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ALBERMARLE CLOSE has not materially changed since June 2019.

How Large is 12 ALBERMARLE CLOSE?

12 ALBERMARLE CLOSE is 145m² according to the EPC inspection conducted in June 2019. This puts it in the largest 30% 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 12 ALBERMARLE CLOSE lies on this distribution: 74% of detached houses houses are smaller than 12 ALBERMARLE CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Leicester.

12 ALBERMARLE CLOSE: Plot and Title Map

12 ALBERMARLE CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 12 ALBERMARLE 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 12 ALBERMARLE 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 12 ALBERMARLE CLOSE?

12 ALBERMARLE CLOSE is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 12 on ALBERMARLE CLOSE.