24, PINEWOOD CLOSE, LEICESTER, LE4 1ER - £185,000

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

24 PINEWOOD CLOSE is a midsized detached house of 110m², built sometime between 1991 and 1995, which could now be worth an estimated £296,025. It was last sold for £185,000 in March 2016, which was around 23% below the average March 2016 detached price in the Leicester local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

24 PINEWOOD CLOSE Sold Prices

Land registry data shows two sales for 24 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. Both of the two 24 PINEWOOD 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
2016 3 MAR	£185,000	£241,569	23% below HPI
2002 8 NOV	£105,000	£141,707	26% below HPI

24 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 24 PINEWOOD CLOSE sales from November 2002 and March 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 November 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2016 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 24 PINEWOOD CLOSE be worth now?

24 PINEWOOD CLOSE might now be worth an estimated £296,025.

This is based on house price inflation of 60%, between March 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 60% inflationary increase is applied to the most recent sale price for 24 PINEWOOD CLOSE of £185,000 on 3rd March 2016. For the value to have increased from £185,000 to £296,025 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of 24 PINEWOOD CLOSE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The March 2016 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 24 PINEWOOD CLOSE has not materially changed since March 2016.

How Large is 24 PINEWOOD CLOSE?

24 PINEWOOD CLOSE is 110m² according to the EPC inspection conducted in March 2022. 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 24 PINEWOOD CLOSE lies on this distribution: 45% of detached houses houses are smaller than 24 PINEWOOD CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Leicester.

24 PINEWOOD CLOSE: Plot and Title Map

24 PINEWOOD CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 24 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 24 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 24 PINEWOOD CLOSE?

24 PINEWOOD CLOSE is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 24 on PINEWOOD CLOSE.