2, RICHARDSON CLOSE, STONEY STANTON, LEICESTER, LE9 4TR - £240,000

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 RICHARDSON CLOSE is a large extended detached house of 121m², built sometime between 1983 and 1990, which could now be worth an estimated £419,495. It was last sold for £240,000 in October 2013, which was around 8% above the average October 2013 detached price in the Blaby local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

2 RICHARDSON CLOSE Sold Prices

Land registry data shows two sales for 2 RICHARDSON 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 Blaby local authority area for the corresponding sale date. One of the two 2 RICHARDSON CLOSE sales was for above the average price, whilst the other was 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
2013 9 OCT	£240,000	£221,709	8% above HPI
1996 25 OCT	£76,000	£76,920	1% below HPI

2 RICHARDSON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The two 2 RICHARDSON CLOSE sales from October 1996 and October 2013 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 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2013 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 2 RICHARDSON CLOSE be worth now?

2 RICHARDSON CLOSE might now be worth an estimated £419,495.

This is based on house price inflation of 74.8%, between October 2013 and March 2025, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 74.8% inflationary increase is applied to the most recent sale price for 2 RICHARDSON CLOSE of £240,000 on 9th October 2013. For the value to have increased from £240,000 to £419,495 over the twelve years and seven months to March 2025, the following assumptions must hold true:

• The value of 2 RICHARDSON CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The October 2013 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RICHARDSON CLOSE has not materially changed since October 2013.

How Large is 2 RICHARDSON CLOSE?

2 RICHARDSON CLOSE is 121m², which includes two extensions, according to the EPC inspection conducted in April 2013. This puts it in the largest 30% of detached houses houses in Stoney Stanton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stoney Stanton, and where 2 RICHARDSON CLOSE lies on this distribution: 71% of detached houses houses are smaller than 2 RICHARDSON CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Stoney Stanton.

2 RICHARDSON CLOSE: Plot and Title Map

2 RICHARDSON CLOSE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 2 RICHARDSON 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 RICHARDSON 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 RICHARDSON CLOSE?

2 RICHARDSON CLOSE is located in STONEY STANTON, in the LE9 postcode district. The below map shows the position of No. 2 on RICHARDSON CLOSE.