2, HAZEL CLOSE, GREAT GLEN, LEICESTER, LE8 9EX - £531,000

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 HAZEL CLOSE is a very large extended detached house of 206m², built sometime between 1996 and 2002, which could now be worth an estimated £687,647. It was last sold for £531,000 in May 2018, which was around 42% above the average May 2018 detached price in the Harborough local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was C.

2 HAZEL CLOSE Sold Prices

Land registry data shows two sales for 2 HAZEL 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 Harborough local authority area for the corresponding sale date. Both of the two 2 HAZEL 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
2018 29 MAY	£531,000	£374,792	42% above HPI
2002 9 MAY	£285,000	£158,234	80% above HPI

2 HAZEL 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 two 2 HAZEL CLOSE sales from May 2002 and May 2018 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 2002 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the May 2018 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 2 HAZEL CLOSE be worth now?

2 HAZEL CLOSE might now be worth an estimated £687,647.

This is based on house price inflation of 29.5%, between May 2018 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 29.5% inflationary increase is applied to the most recent sale price for 2 HAZEL CLOSE of £531,000 on 29th May 2018. For the value to have increased from £531,000 to £687,647 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 2 HAZEL CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The May 2018 sale price of £531,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HAZEL CLOSE has not materially changed since May 2018.

How Large is 2 HAZEL CLOSE?

2 HAZEL CLOSE is 206m², which includes three extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 10% of detached houses houses in Great Glen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Glen, and where 2 HAZEL CLOSE lies on this distribution: 91% of detached houses houses are smaller than 2 HAZEL CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Great Glen.

2 HAZEL CLOSE: Plot and Title Map

2 HAZEL CLOSE sits on a plot of roughly 0.179 of an acre, or 726m². The below map shows the location of 2 HAZEL 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 HAZEL 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 HAZEL CLOSE?

2 HAZEL CLOSE is located in GREAT GLEN, in the LE8 postcode district. The below map shows the position of No. 2 on HAZEL CLOSE.