2, PLAIN GATE, ROTHLEY, LEICESTER, LE7 7SQ - £850,000

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 PLAIN GATE is a very large extended detached house of 225m², built sometime between 1996 and 2002, which could now be worth an estimated £1,115,818. It was last sold for £850,000 in September 2018, which was around 168% above the average September 2018 detached price in the Charnwood local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was C.

2 PLAIN GATE Sold Prices

Land registry data shows four sales for 2 PLAIN GATE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the four 2 PLAIN GATE 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
2018 21 SEP	£850,000	£317,066	168% above HPI
2016 31 MAR	£840,000	£280,193	200% above HPI
2009 12 MAR	£600,000	£219,191	174% above HPI
1998 31 MAR	£272,500	£90,915	200% above HPI

2 PLAIN GATE 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 four 2 PLAIN GATE sales between March 1998 and September 2018 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 March 2016 sale was for 200% above the HPI. So the extrapolation line tracks at 200% above the HPI over time, until the September 2018 sale, where it falls to 168% above the HPI. The line then continues to track at 168% above the HPI.

What might 2 PLAIN GATE be worth now?

2 PLAIN GATE might now be worth an estimated £1,115,818.

This is based on house price inflation of 31.3%, between September 2018 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.3% inflationary increase is applied to the most recent sale price for 2 PLAIN GATE of £850,000 on 21st September 2018. For the value to have increased from £850,000 to £1,115,818 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 PLAIN GATE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The September 2018 sale price of £850,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PLAIN GATE has not materially changed since September 2018.

How Large is 2 PLAIN GATE?

2 PLAIN GATE is 225m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 10% of detached houses houses in Rothley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rothley, and where 2 PLAIN GATE lies on this distribution: 91% of detached houses houses are smaller than 2 PLAIN GATE, and 9% of houses are larger. Note that EPC data is not available for all properties in Rothley.

2 PLAIN GATE: Plot and Title Map

2 PLAIN GATE sits on a plot of roughly 0.338 of an acre, or 1,369m². The below map shows the location of 2 PLAIN GATE, 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 PLAIN GATE). 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 PLAIN GATE?

2 PLAIN GATE is located in ROTHLEY, in the LE7 postcode district. The below map shows the position of No. 2 on PLAIN GATE.