12, RAMSON CLOSE, HAMILTON, LEICESTER, LE5 1RY - £215,000

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 RAMSON CLOSE is a midsized detached house of 115m², built sometime between 1996 and 2002, which could now be worth an estimated £441,500. It was last sold for £215,000 in November 2009, which was around 14% above the average November 2009 detached price in the Leicester local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

12 RAMSON CLOSE Sold Prices

Land registry data shows two sales for 12 RAMSON 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 RAMSON 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
2009 2 NOV	£215,000	£188,009	14% above HPI
1999 23 JUL	£92,950	£79,972	16% above HPI

12 RAMSON 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 RAMSON CLOSE sales from July 1999 and November 2009 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 July 1999 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the November 2009 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 12 RAMSON CLOSE be worth now?

12 RAMSON CLOSE might now be worth an estimated £441,500.

This is based on house price inflation of 105.3%, between November 2009 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 105.3% inflationary increase is applied to the most recent sale price for 12 RAMSON CLOSE of £215,000 on 2nd November 2009. For the value to have increased from £215,000 to £441,500 over the sixteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 RAMSON CLOSE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The November 2009 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 12 RAMSON CLOSE has not materially changed since November 2009.

How Large is 12 RAMSON CLOSE?

12 RAMSON CLOSE is 115m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 50% 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 RAMSON CLOSE lies on this distribution: 49% of detached houses houses are smaller than 12 RAMSON CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Leicester.

12 RAMSON CLOSE: Plot and Title Map

12 RAMSON CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 12 RAMSON 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 RAMSON 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 RAMSON CLOSE?

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