2, MARCUS CLOSE, SYSTON, LEICESTER, LE7 1ZG - £227,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 MARCUS CLOSE is a very small detached house of 78m², built sometime between 1983 and 1990. It was last sold for £227,000 in March 2016, which was around 20% below the average March 2016 detached price in the Charnwood local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

2 MARCUS CLOSE Sold Prices

Land registry data shows five sales for 2 MARCUS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the five 2 MARCUS CLOSE sales were for below 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
2016 31 MAR	£227,000	£284,030	20% below HPI
2007 23 NOV	£187,500	£262,328	29% below HPI
2007 15 JUN	£196,650	£253,761	23% below HPI
1999 1 DEC	£83,950	£108,515	23% below HPI
1997 20 JAN	£69,000	£83,396	17% below HPI

2 MARCUS 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 five 2 MARCUS CLOSE sales between January 1997 and March 2016 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 November 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2016 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 MARCUS CLOSE?

2 MARCUS CLOSE is 78m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of detached houses in Syston, based on EPC data. The below chart shows the distribution of detached houses by size in Syston, and where 2 MARCUS CLOSE lies on this distribution: 15% of detached houses are smaller than 2 MARCUS CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Syston.

2 MARCUS CLOSE: Plot and Title Map

2 MARCUS CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 2 MARCUS 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 MARCUS 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 MARCUS CLOSE?

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