2, SWAN CLOSE, GLEN PARVA, LEICESTER, LE2 9TE - £325,000

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 SWAN CLOSE is a large detached house of 134m², built sometime from 2007 onwards, which could now be worth an estimated £394,913. It was last sold for £325,000 in June 2020, which was around 1% above the average June 2020 detached price in the Blaby local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

2 SWAN CLOSE Sold Prices

Land registry data shows two sales for 2 SWAN 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. Both of the two 2 SWAN CLOSE 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
2020 11 JUN	£325,000	£321,165	1% above HPI
2007 20 JUN	£299,950	£230,357	30% above HPI

2 SWAN 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 SWAN CLOSE sales from June 2007 and June 2020 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 June 2007 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the June 2020 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 2 SWAN CLOSE be worth now?

2 SWAN CLOSE might now be worth an estimated £394,913.

This is based on house price inflation of 21.5%, between June 2020 and February 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 21.5% inflationary increase is applied to the most recent sale price for 2 SWAN CLOSE of £325,000 on 11th June 2020. For the value to have increased from £325,000 to £394,913 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 2 SWAN CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The June 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SWAN CLOSE has not materially changed since June 2020.

How Large is 2 SWAN CLOSE?

2 SWAN CLOSE is 134m² according to the EPC inspection conducted in March 2013. This puts it in the largest 40% 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 SWAN CLOSE lies on this distribution: 67% of detached houses houses are smaller than 2 SWAN CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Leicester.

2 SWAN CLOSE: Plot and Title Map

2 SWAN CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 2 SWAN 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 SWAN 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 SWAN CLOSE?

2 SWAN CLOSE is located in GLEN PARVA, in the LE2 postcode district. The below map shows the position of No. 2 on SWAN CLOSE.