16, MALLOW CLOSE, HAMILTON, LEICESTER, LE5 1UY - £252,500

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.

16 MALLOW CLOSE is a small detached house of 97m², built sometime between 1996 and 2002, which could now be worth an estimated £335,016. It was last sold for £252,500 in April 2019, which was around 13% below the average April 2019 detached price in the Leicester local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

16 MALLOW CLOSE Sold Prices

Land registry data shows three sales for 16 MALLOW 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. One of the three 16 MALLOW CLOSE sales was for below the average price, whilst two 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
2019 18 APR	£252,500	£290,982	13% below HPI
2005 7 OCT	£222,500	£197,827	12% above HPI
1996 26 APR	£84,000	£65,126	29% above HPI

16 MALLOW 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 16 MALLOW CLOSE sales between April 1996 and April 2019 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 2005 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the April 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 16 MALLOW CLOSE be worth now?

16 MALLOW CLOSE might now be worth an estimated £335,016.

This is based on house price inflation of 32.7%, between April 2019 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 32.7% inflationary increase is applied to the most recent sale price for 16 MALLOW CLOSE of £252,500 on 18th April 2019. For the value to have increased from £252,500 to £335,016 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 16 MALLOW CLOSE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The April 2019 sale price of £252,500 represented a fair market value for the property.
• The size, condition, and specification of 16 MALLOW CLOSE has not materially changed since April 2019.

How Large is 16 MALLOW CLOSE?

16 MALLOW CLOSE is 97m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 40% 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 16 MALLOW CLOSE lies on this distribution: 31% of detached houses houses are smaller than 16 MALLOW CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Leicester.

16 MALLOW CLOSE: Plot and Title Map

16 MALLOW CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 16 MALLOW 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 16 MALLOW 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 16 MALLOW CLOSE?

16 MALLOW CLOSE is located in HAMILTON, in the LE5 postcode district. The below map shows the position of No. 16 on MALLOW CLOSE.