2, EDGEFIELD CLOSE, HAMILTON, LEICESTER, LE5 1UD - £290,000

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 EDGEFIELD CLOSE is a very small extended detached house of 65m², built sometime between 2003 and 2006, which could now be worth an estimated £384,771. It was last sold for £290,000 in April 2019, which was about the average April 2019 detached price in the Leicester local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

2 EDGEFIELD CLOSE Sold Prices

Land registry data shows four sales for 2 EDGEFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. The four 2 EDGEFIELD CLOSE sales were a mix of roughly equal to the average price, and 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 15 APR	£290,000	£290,982	Close to HPI
2018 30 OCT	£295,000	£293,872	Close to HPI
2004 28 SEP	£220,000	£197,062	12% above HPI
2002 29 NOV	£165,995	£141,707	17% above HPI

2 EDGEFIELD 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 four 2 EDGEFIELD CLOSE sales between November 2002 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 2018 sale roughly matched the HPI. So the extrapolation line tracks in line HPI over time, until the April 2019 sale, which was also at roughly the same level as the HPI.

What might 2 EDGEFIELD CLOSE be worth now?

2 EDGEFIELD CLOSE might now be worth an estimated £384,771.

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 2 EDGEFIELD CLOSE of £290,000 on 15th April 2019. For the value to have increased from £290,000 to £384,771 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 2 EDGEFIELD CLOSE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The April 2019 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 2 EDGEFIELD CLOSE has not materially changed since April 2019.

How Large is 2 EDGEFIELD CLOSE?

2 EDGEFIELD CLOSE is 65m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% 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 2 EDGEFIELD CLOSE lies on this distribution: 4% of detached houses houses are smaller than 2 EDGEFIELD CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Leicester.

2 EDGEFIELD CLOSE: Plot and Title Map

2 EDGEFIELD CLOSE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 2 EDGEFIELD 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 EDGEFIELD 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 EDGEFIELD CLOSE?

2 EDGEFIELD CLOSE is located in HAMILTON, in the LE5 postcode district. The below map shows the position of No. 2 on EDGEFIELD CLOSE.