2, HOLLYBANK CLOSE, HAMILTON, LEICESTER, LE5 1UN - £365,000

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 HOLLYBANK CLOSE is a large extended detached house of 140m², built sometime between 1991 and 1995, which could now be worth an estimated £448,177. It was last sold for £365,000 in March 2020, which was around 16% above the average March 2020 detached price in the Leicester local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

2 HOLLYBANK CLOSE Sold Prices

Land registry data shows four sales for 2 HOLLYBANK 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. All of the four 2 HOLLYBANK 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
2020 20 MAR	£365,000	£314,423	16% above HPI
2010 29 JAN	£195,000	£190,895	2% above HPI
2002 10 OCT	£199,500	£139,055	43% above HPI
1997 28 AUG	£97,600	£70,565	38% above HPI

2 HOLLYBANK 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 HOLLYBANK CLOSE sales between August 1997 and March 2020 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 January 2010 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2020 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 2 HOLLYBANK CLOSE be worth now?

2 HOLLYBANK CLOSE might now be worth an estimated £448,177.

This is based on house price inflation of 22.8%, between March 2020 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 22.8% inflationary increase is applied to the most recent sale price for 2 HOLLYBANK CLOSE of £365,000 on 20th March 2020. For the value to have increased from £365,000 to £448,177 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 2 HOLLYBANK CLOSE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The March 2020 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HOLLYBANK CLOSE has not materially changed since March 2020.

How Large is 2 HOLLYBANK CLOSE?

2 HOLLYBANK CLOSE is 140m², which includes two extensions, according to the EPC inspection conducted in December 2019. This puts it in the largest 30% 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 HOLLYBANK CLOSE lies on this distribution: 71% of detached houses houses are smaller than 2 HOLLYBANK CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Leicester.

2 HOLLYBANK CLOSE: Plot and Title Map

2 HOLLYBANK CLOSE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 2 HOLLYBANK 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 HOLLYBANK 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 HOLLYBANK CLOSE?

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