2, CHESTNUT CLOSE, BROUGHTON ASTLEY, LEICESTER, LE9 6UB - £420,000

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 CHESTNUT CLOSE is a midsized extended detached house of 118m², built sometime between 1983 and 1990, which could now be worth an estimated £502,616. It was last sold for £420,000 in April 2021, which was around 4% above the average April 2021 detached price in the Harborough local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

2 CHESTNUT CLOSE Sold Prices

Land registry data shows three sales for 2 CHESTNUT 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 Harborough local authority area for the corresponding sale date. One of the three 2 CHESTNUT CLOSE sales was for above the average price, whilst two 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 23 APR	£420,000	£405,578	4% above HPI
2015 1 MAY	£290,000	£314,195	8% below HPI
1999 17 DEC	£112,000	£115,195	3% below HPI

2 CHESTNUT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The three 2 CHESTNUT CLOSE sales between December 1999 and April 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 May 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 2 CHESTNUT CLOSE be worth now?

2 CHESTNUT CLOSE might now be worth an estimated £502,616.

This is based on house price inflation of 19.7%, between April 2021 and February 2025, for detached houses, in the Harborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.7% inflationary increase is applied to the most recent sale price for 2 CHESTNUT CLOSE of £420,000 on 23rd April 2021. For the value to have increased from £420,000 to £502,616 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 2 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The April 2021 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHESTNUT CLOSE has not materially changed since April 2021.

How Large is 2 CHESTNUT CLOSE?

2 CHESTNUT CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 50% of detached houses houses in Broughton Astley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Broughton Astley, and where 2 CHESTNUT CLOSE lies on this distribution: 49% of detached houses houses are smaller than 2 CHESTNUT CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Broughton Astley.

2 CHESTNUT CLOSE: Plot and Title Map

2 CHESTNUT CLOSE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 2 CHESTNUT 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 CHESTNUT 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 CHESTNUT CLOSE?

2 CHESTNUT CLOSE is located in BROUGHTON ASTLEY, in the LE9 postcode district. The below map shows the position of No. 2 on CHESTNUT CLOSE.