14, ORTON CLOSE, REARSBY, LEICESTER, LE7 4XZ - £663,500

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.

14 ORTON CLOSE is a very large extended detached house of 212m², built sometime between 1996 and 2002, which could now be worth an estimated £775,962. It was last sold for £663,500 in September 2021, which was around 86% above the average September 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

14 ORTON CLOSE Sold Prices

Land registry data shows two sales for 14 ORTON 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 14 ORTON 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
2021 30 SEP	£663,500	£355,897	86% above HPI
2000 22 JUN	£268,950	£111,403	141% above HPI

14 ORTON 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 14 ORTON CLOSE sales from June 2000 and September 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 June 2000 sale was for 141% above the HPI. So the extrapolation line tracks at 141% above the HPI over time, until the September 2021 sale, where it falls to 86% above the HPI. The line then continues to track at 86% above the HPI.

What might 14 ORTON CLOSE be worth now?

14 ORTON CLOSE might now be worth an estimated £775,962.

This is based on house price inflation of 16.9%, between September 2021 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 16.9% inflationary increase is applied to the most recent sale price for 14 ORTON CLOSE of £663,500 on 30th September 2021. For the value to have increased from £663,500 to £775,962 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 14 ORTON CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The September 2021 sale price of £663,500 represented a fair market value for the property.
• The size, condition, and specification of 14 ORTON CLOSE has not materially changed since September 2021.

How Large is 14 ORTON CLOSE?

14 ORTON CLOSE is 212m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 20% of detached houses houses in Rearsby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rearsby, and where 14 ORTON CLOSE lies on this distribution: 88% of detached houses houses are smaller than 14 ORTON CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Rearsby.

14 ORTON CLOSE: Plot and Title Map

14 ORTON CLOSE sits on a plot of roughly 0.151 of an acre, or 613m². The below map shows the location of 14 ORTON 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 14 ORTON 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 14 ORTON CLOSE?

14 ORTON CLOSE is located in REARSBY, in the LE7 postcode district. The below map shows the position of No. 14 on ORTON CLOSE.