18, ORTON CLOSE, REARSBY, LEICESTER, LE7 4XZ - £645,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 ORTON CLOSE is a large detached house of 172m², built sometime between 2003 and 2006. It was last sold for £645,000 in June 2021, which was around 80% above the average June 2021 detached price in the Charnwood 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.

18 ORTON CLOSE Sold Prices

Land registry data shows three sales for 18 ORTON 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 Charnwood local authority area for the corresponding sale date. All of the three 18 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 29 JUN	£645,000	£358,533	80% above HPI
2008 18 JAN	£430,000	£253,844	69% above HPI
2000 24 MAR	£214,995	£107,127	101% above HPI

18 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 three 18 ORTON CLOSE sales between March 2000 and June 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 January 2008 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the June 2021 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is 18 ORTON CLOSE?

18 ORTON CLOSE is 172m² according to the EPC inspection conducted in September 2020. This puts it in the largest 30% of detached houses in Rearsby, based on EPC data. The below chart shows the distribution of detached houses by size in Rearsby, and where 18 ORTON CLOSE lies on this distribution: 76% of detached houses are smaller than 18 ORTON CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Rearsby.

18 ORTON CLOSE: Plot and Title Map

18 ORTON CLOSE sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 18 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 18 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 18 ORTON CLOSE?

18 ORTON CLOSE is located in REARSBY, in the LE7 postcode district. The below map shows the position of No. 18 on ORTON CLOSE.