2, LAWRENCE CLOSE, LEICESTER, LE4 2SB - £117,950

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 LAWRENCE CLOSE is a small extended detached house of 114m², built sometime between 1983 and 1990, which could now be worth an estimated £546,263. It was last sold for £117,950 in April 2000, which was around 41% above the average April 2000 detached price in the Leicester local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

2 LAWRENCE CLOSE Sold Prices

Land registry data shows two sales for 2 LAWRENCE 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 Leicester local authority area for the corresponding sale date. Both of the two 2 LAWRENCE 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
2000 28 APR	£117,950	£83,463	41% above HPI
1996 4 OCT	£84,000	£68,902	22% above HPI

2 LAWRENCE 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 two 2 LAWRENCE CLOSE sales from October 1996 and April 2000 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 1996 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the April 2000 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 2 LAWRENCE CLOSE be worth now?

2 LAWRENCE CLOSE might now be worth an estimated £546,263.

This is based on house price inflation of 363.1%, between April 2000 and December 2024, 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 363.1% inflationary increase is applied to the most recent sale price for 2 LAWRENCE CLOSE of £117,950 on 28th April 2000. For the value to have increased from £117,950 to £546,263 over the 23 years and four months to December 2024, the following assumptions must hold true:

• The value of 2 LAWRENCE CLOSE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The April 2000 sale price of £117,950 represented a fair market value for the property.
• The size, condition, and specification of 2 LAWRENCE CLOSE has not materially changed since April 2000.

How Large is 2 LAWRENCE CLOSE?

2 LAWRENCE CLOSE is 114m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 40% of detached houses houses in Thurcaston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thurcaston, and where 2 LAWRENCE CLOSE lies on this distribution: 35% of detached houses houses are smaller than 2 LAWRENCE CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Thurcaston.

2 LAWRENCE CLOSE: Plot and Title Map

2 LAWRENCE CLOSE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 2 LAWRENCE 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 LAWRENCE 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 LAWRENCE CLOSE?

2 LAWRENCE CLOSE is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 2 on LAWRENCE CLOSE.