Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
2 OLD SCHOOL CLOSE is a small detached house of 87m², built sometime between 1976 and 1982. It was last sold for £250,000 in March 2022, which was around 24% below the average March 2022 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 2 OLD SCHOOL CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. Both of the two 2 OLD SCHOOL 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 |
---|---|---|---|
2022 17 MAR | £250,000 | £329,976 | 24% below HPI |
2014 16 JUL | £176,000 | £227,588 | 23% below HPI |
The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two 2 OLD SCHOOL CLOSE sales from July 2014 and March 2022 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 July 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.
2 OLD SCHOOL CLOSE is 87m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 30% of detached houses in Ellistown, based on EPC data. The below chart shows the distribution of detached houses by size in Ellistown, and where 2 OLD SCHOOL CLOSE lies on this distribution: 20% of detached houses are smaller than 2 OLD SCHOOL CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Ellistown.
2 OLD SCHOOL CLOSE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 2 OLD SCHOOL 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 OLD SCHOOL 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.
2 OLD SCHOOL CLOSE is located in ELLISTOWN, in the LE67 postcode district. The below map shows the position of No. 2 on OLD SCHOOL CLOSE.