2, BROOKHOUSE CLOSE, REARSBY, LEICESTER, LE7 4YG - £285,000

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.

2 BROOKHOUSE CLOSE is a midsized extended detached house of 123m², built sometime between 1976 and 1982, which could now be worth an estimated £440,549. It was last sold for £285,000 in August 2015, which was around 6% above the average August 2015 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

2 BROOKHOUSE CLOSE Sold Prices

Land registry data shows two sales for 2 BROOKHOUSE 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 Charnwood local authority area for the corresponding sale date. Both of the two 2 BROOKHOUSE 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
2015 28 AUG	£285,000	£269,262	6% above HPI
1996 21 NOV	£89,950	£84,272	7% above HPI

2 BROOKHOUSE 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 two 2 BROOKHOUSE CLOSE sales from November 1996 and August 2015 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 1996 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2015 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 2 BROOKHOUSE CLOSE be worth now?

2 BROOKHOUSE CLOSE might now be worth an estimated £440,549.

This is based on house price inflation of 54.6%, between August 2015 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54.6% inflationary increase is applied to the most recent sale price for 2 BROOKHOUSE CLOSE of £285,000 on 28th August 2015. For the value to have increased from £285,000 to £440,549 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 2 BROOKHOUSE CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The August 2015 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BROOKHOUSE CLOSE has not materially changed since August 2015.

How Large is 2 BROOKHOUSE CLOSE?

2 BROOKHOUSE CLOSE is 123m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the smallest 50% of detached houses houses in Rearsby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rearsby, and where 2 BROOKHOUSE CLOSE lies on this distribution: 43% of detached houses houses are smaller than 2 BROOKHOUSE CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Rearsby.

2 BROOKHOUSE CLOSE: Plot and Title Map

2 BROOKHOUSE CLOSE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 2 BROOKHOUSE 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 2 BROOKHOUSE 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 2 BROOKHOUSE CLOSE?

2 BROOKHOUSE CLOSE is located in REARSBY, in the LE7 postcode district. The below map shows the position of No. 2 on BROOKHOUSE CLOSE.