22, GRANGE CLOSE, LEICESTER, LE2 9GN - £190,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

22 GRANGE CLOSE is a very small detached house of 56m², built sometime between 1996 and 2002. It was last sold for £190,000 in May 2023, which was around 52% below the average May 2023 detached price in the Leicester local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

22 GRANGE CLOSE Sold Prices

Land registry data shows four sales for 22 GRANGE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the four 22 GRANGE 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
2023 19 MAY	£190,000	£398,844	52% below HPI
2021 24 FEB	£152,000	£342,335	56% below HPI
2005 1 JUL	£107,950	£201,903	47% below HPI
2002 31 JAN	£54,750	£114,969	52% below HPI

22 GRANGE 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 four 22 GRANGE CLOSE sales between January 2002 and May 2023 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 2021 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the May 2023 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 22 GRANGE CLOSE?

22 GRANGE CLOSE is 56m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 22 GRANGE CLOSE lies on this distribution: 2% of detached houses are smaller than 22 GRANGE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Leicester.

22 GRANGE CLOSE: Plot and Title Map

22 GRANGE CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 22 GRANGE 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 22 GRANGE 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 22 GRANGE CLOSE?

22 GRANGE CLOSE is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 22 on GRANGE CLOSE.