2, PINEWOOD CLOSE, LEICESTER, LE4 1ER - £228,500

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 PINEWOOD CLOSE is a midsized detached house of 113m², built sometime between 1991 and 1995, which could now be worth an estimated £353,916. It was last sold for £228,500 in June 2016, which was around 8% below the average June 2016 detached price in the Leicester local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

2 PINEWOOD CLOSE Sold Prices

Land registry data shows two sales for 2 PINEWOOD 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. One of the two 2 PINEWOOD CLOSE sales was for below the average price, whilst the other was 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
2016 23 JUN	£228,500	£249,565	8% below HPI
1995 6 FEB	£74,000	£66,683	11% above HPI

2 PINEWOOD 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 PINEWOOD CLOSE sales from February 1995 and June 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 February 1995 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2016 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 2 PINEWOOD CLOSE be worth now?

2 PINEWOOD CLOSE might now be worth an estimated £353,916.

This is based on house price inflation of 54.9%, between June 2016 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 54.9% inflationary increase is applied to the most recent sale price for 2 PINEWOOD CLOSE of £228,500 on 23rd June 2016. For the value to have increased from £228,500 to £353,916 over the seven years and six months to December 2024, the following assumptions must hold true:

• The value of 2 PINEWOOD CLOSE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The June 2016 sale price of £228,500 represented a fair market value for the property.
• The size, condition, and specification of 2 PINEWOOD CLOSE has not materially changed since June 2016.

How Large is 2 PINEWOOD CLOSE?

2 PINEWOOD CLOSE is 113m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 50% 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 PINEWOOD CLOSE lies on this distribution: 47% of detached houses houses are smaller than 2 PINEWOOD CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Leicester.

2 PINEWOOD CLOSE: Plot and Title Map

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

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