15, HAZELBANK CLOSE, LEICESTER, LE4 0NB - £123,000

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.

15 HAZELBANK CLOSE is a very small detached house of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £198,021. It was last sold for £123,000 in January 2016, which was around 49% below the average January 2016 detached price in the Leicester local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was B.

15 HAZELBANK CLOSE Sold Prices

Land registry data shows three sales for 15 HAZELBANK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the three 15 HAZELBANK 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
2016 20 JAN	£123,000	£239,808	49% below HPI
2015 17 JUN	£100,000	£225,804	56% below HPI
1997 23 DEC	£30,500	£72,431	58% below HPI

15 HAZELBANK 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 three 15 HAZELBANK CLOSE sales between December 1997 and January 2016 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 2015 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the January 2016 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 15 HAZELBANK CLOSE be worth now?

15 HAZELBANK CLOSE might now be worth an estimated £198,021.

This is based on house price inflation of 61%, between January 2016 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 61% inflationary increase is applied to the most recent sale price for 15 HAZELBANK CLOSE of £123,000 on 20th January 2016. For the value to have increased from £123,000 to £198,021 over the eight years and eleven months to February 2025, the following assumptions must hold true:

• The value of 15 HAZELBANK CLOSE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The January 2016 sale price of £123,000 represented a fair market value for the property.
• The size, condition, and specification of 15 HAZELBANK CLOSE has not materially changed since January 2016.

How Large is 15 HAZELBANK CLOSE?

15 HAZELBANK CLOSE is 65m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% 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 15 HAZELBANK CLOSE lies on this distribution: 4% of detached houses houses are smaller than 15 HAZELBANK CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Leicester.

15 HAZELBANK CLOSE: Plot and Title Map

15 HAZELBANK CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 15 HAZELBANK 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 15 HAZELBANK 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 15 HAZELBANK CLOSE?

15 HAZELBANK CLOSE is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 15 on HAZELBANK CLOSE.