16, PARHAM CLOSE, LEICESTER, LE3 9ER - £175,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 PARHAM CLOSE is a very small detached house of 78m², built sometime between 1996 and 2002. It was last sold for £175,000 in October 2005, which was around 14% below the average October 2005 detached price in the Leicester local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

16 PARHAM CLOSE Sold Prices

Land registry data shows two sales for 16 PARHAM 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 16 PARHAM 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
2005 14 OCT	£175,000	£203,491	14% below HPI
2000 3 NOV	£84,950	£92,866	9% below HPI

16 PARHAM 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 16 PARHAM CLOSE sales from November 2000 and October 2005 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 November 2000 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2005 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 16 PARHAM CLOSE?

16 PARHAM CLOSE is 78m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 20% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 16 PARHAM CLOSE lies on this distribution: 12% of detached houses are smaller than 16 PARHAM CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Leicester.

16 PARHAM CLOSE: Plot and Title Map

16 PARHAM CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 16 PARHAM 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 PARHAM 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 PARHAM CLOSE?

16 PARHAM CLOSE is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 16 on PARHAM CLOSE.