12, CRESSWELL CLOSE, THURMASTON, LEICESTER, LE4 8LH - £210,000

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 CRESSWELL CLOSE is a very small detached house of 57m², built sometime between 1983 and 1990, which could now be worth an estimated £248,098. It was last sold for £210,000 in November 2020, which was around 40% below the average November 2020 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

12 CRESSWELL CLOSE Sold Prices

Land registry data shows two sales for 12 CRESSWELL 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 12 CRESSWELL CLOSE sales were for below 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
2020 13 NOV	£210,000	£352,306	40% below HPI
1995 12 OCT	£48,000	£80,831	41% below HPI

12 CRESSWELL 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 12 CRESSWELL CLOSE sales from October 1995 and November 2020 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 1995 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2020 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 12 CRESSWELL CLOSE be worth now?

12 CRESSWELL CLOSE might now be worth an estimated £248,098.

This is based on house price inflation of 18.1%, between November 2020 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 18.1% inflationary increase is applied to the most recent sale price for 12 CRESSWELL CLOSE of £210,000 on 13th November 2020. For the value to have increased from £210,000 to £248,098 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 CRESSWELL CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The November 2020 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CRESSWELL CLOSE has not materially changed since November 2020.

How Large is 12 CRESSWELL CLOSE?

12 CRESSWELL CLOSE is 57m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of detached houses houses in Thurmaston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thurmaston, and where 12 CRESSWELL CLOSE lies on this distribution: 7% of detached houses houses are smaller than 12 CRESSWELL CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Thurmaston.

12 CRESSWELL CLOSE: Plot and Title Map

12 CRESSWELL CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 12 CRESSWELL 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 CRESSWELL 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 CRESSWELL CLOSE?

12 CRESSWELL CLOSE is located in THURMASTON, in the LE4 postcode district. The below map shows the position of No. 12 on CRESSWELL CLOSE.