15, SHOTTENS CLOSE, LEICESTER, LE4 0QB - £300,000

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 SHOTTENS CLOSE is a small extended detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £343,271. It was last sold for £300,000 in August 2021, which was around 11% below the average August 2021 detached price in the Leicester local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was C.

15 SHOTTENS CLOSE Sold Prices

Land registry data shows three sales for 15 SHOTTENS 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 SHOTTENS 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 19 AUG	£300,000	£337,407	11% below HPI
2018 1 OCT	£223,000	£293,872	24% below HPI
2013 20 SEP	£165,000	£208,897	21% below HPI

15 SHOTTENS 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 SHOTTENS CLOSE sales between September 2013 and August 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 October 2018 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 15 SHOTTENS CLOSE be worth now?

15 SHOTTENS CLOSE might now be worth an estimated £343,271.

This is based on house price inflation of 14.4%, between August 2021 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 14.4% inflationary increase is applied to the most recent sale price for 15 SHOTTENS CLOSE of £300,000 on 19th August 2021. For the value to have increased from £300,000 to £343,271 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 15 SHOTTENS CLOSE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The August 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SHOTTENS CLOSE has not materially changed since August 2021.

How Large is 15 SHOTTENS CLOSE?

15 SHOTTENS CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the smallest 30% 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 SHOTTENS CLOSE lies on this distribution: 30% of detached houses houses are smaller than 15 SHOTTENS CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Leicester.

15 SHOTTENS CLOSE: Plot and Title Map

15 SHOTTENS CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 15 SHOTTENS 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 SHOTTENS 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 SHOTTENS CLOSE?

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