12, MARMION CLOSE, FLECKNEY, LEICESTER, LE8 8UL - £227,500

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 MARMION CLOSE is a very small semi-detached house of 62m², built sometime between 1976 and 1982, which could now be worth an estimated £274,998. It was last sold for £227,500 in April 2021, which was around 10% below the average April 2021 semi-detached price in the Harborough local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

12 MARMION CLOSE Sold Prices

Land registry data shows three sales for 12 MARMION CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Harborough local authority area for the corresponding sale date. All of the three 12 MARMION 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
2021 21 APR	£227,500	£252,773	10% below HPI
2018 24 AUG	£168,735	£227,423	26% below HPI
1997 26 SEP	£52,750	£57,698	9% below HPI

12 MARMION CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Harborough local authority area over time, sourced from the HPI. The three 12 MARMION CLOSE sales between September 1997 and April 2021 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 August 2018 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 12 MARMION CLOSE be worth now?

12 MARMION CLOSE might now be worth an estimated £274,998.

This is based on house price inflation of 20.9%, between April 2021 and February 2025, for semi-detached houses, in the Harborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.9% inflationary increase is applied to the most recent sale price for 12 MARMION CLOSE of £227,500 on 21st April 2021. For the value to have increased from £227,500 to £274,998 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 12 MARMION CLOSE has moved in line with the HPI for semi-detached houses in the Harborough local authority area.
• The April 2021 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 12 MARMION CLOSE has not materially changed since April 2021.

How Large is 12 MARMION CLOSE?

12 MARMION CLOSE is 62m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of semi-detached houses houses in Fleckney, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Fleckney, and where 12 MARMION CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 12 MARMION CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Fleckney.

12 MARMION CLOSE: Plot and Title Map

12 MARMION CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 12 MARMION 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 MARMION 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 MARMION CLOSE?

12 MARMION CLOSE is located in FLECKNEY, in the LE8 postcode district. The below map shows the position of No. 12 on MARMION CLOSE.