2, GUILD CLOSE, CROPSTON, LEICESTER, LE7 7HT - £580,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 GUILD CLOSE is a very large detached house of 242m², built sometime between 1996 and 2002, which could now be worth an estimated £985,194. It was last sold for £580,000 in August 2013, which was around 139% above the average August 2013 detached price in the Charnwood local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

2 GUILD CLOSE Sold Prices

Land registry data shows three sales for 2 GUILD 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 2 GUILD 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
2013 7 AUG	£580,000	£242,583	139% above HPI
2003 28 MAR	£440,000	£183,589	140% above HPI
1999 21 MAY	£365,000	£98,113	272% above HPI

2 GUILD 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 2 GUILD CLOSE sales between May 1999 and August 2013 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 March 2003 sale was for 140% above the HPI. So the extrapolation line tracks at 140% above the HPI over time, until the August 2013 sale, where it falls to 139% above the HPI. The line then continues to track at 139% above the HPI.

What might 2 GUILD CLOSE be worth now?

2 GUILD CLOSE might now be worth an estimated £985,194.

This is based on house price inflation of 69.9%, between August 2013 and December 2024, 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 69.9% inflationary increase is applied to the most recent sale price for 2 GUILD CLOSE of £580,000 on 7th August 2013. For the value to have increased from £580,000 to £985,194 over the ten years and eight months to December 2024, the following assumptions must hold true:

• The value of 2 GUILD CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The August 2013 sale price of £580,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GUILD CLOSE has not materially changed since August 2013.

How Large is 2 GUILD CLOSE?

2 GUILD CLOSE is 242m² according to the EPC inspection conducted in February 2013. This puts it in the largest 10% of detached houses houses in Cropston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cropston, and where 2 GUILD CLOSE lies on this distribution: 91% of detached houses houses are smaller than 2 GUILD CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Cropston.

2 GUILD CLOSE: Plot and Title Map

2 GUILD CLOSE sits on a plot of roughly 0.194 of an acre, or 786m². The below map shows the location of 2 GUILD 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 GUILD 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 GUILD CLOSE?

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