38, HOBBY CLOSE, BROUGHTON ASTLEY, LEICESTER, LE9 6RP - £127,500

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

38 HOBBY CLOSE is a very small semi-detached house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £266,123. It was last sold for £127,500 in August 2009, which was around 15% below the average August 2009 semi-detached price in the Harborough local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was C.

38 HOBBY CLOSE Sold Prices

Land registry data shows two sales for 38 HOBBY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Harborough local authority area for the corresponding sale date. Both of the two 38 HOBBY 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
2009 14 AUG	£127,500	£149,192	15% below HPI
1997 25 JUN	£51,000	£56,896	10% below HPI

38 HOBBY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Harborough local authority area over time, sourced from the HPI. The two 38 HOBBY CLOSE sales from June 1997 and August 2009 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 1997 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2009 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 38 HOBBY CLOSE be worth now?

38 HOBBY CLOSE might now be worth an estimated £266,123.

This is based on house price inflation of 108.7%, between August 2009 and December 2024, for semi-detached houses, in the Harborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 108.7% inflationary increase is applied to the most recent sale price for 38 HOBBY CLOSE of £127,500 on 14th August 2009. For the value to have increased from £127,500 to £266,123 over the fourteen years and eight months to December 2024, the following assumptions must hold true:

• The value of 38 HOBBY CLOSE has moved in line with the HPI for semi-detached houses in the Harborough local authority area.
• The August 2009 sale price of £127,500 represented a fair market value for the property.
• The size, condition, and specification of 38 HOBBY CLOSE has not materially changed since August 2009.

How Large is 38 HOBBY CLOSE?

38 HOBBY CLOSE is 78m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 20% of semi-detached houses houses in Broughton Astley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Broughton Astley, and where 38 HOBBY CLOSE lies on this distribution: 11% of semi-detached houses houses are smaller than 38 HOBBY CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Broughton Astley.

38 HOBBY CLOSE: Plot and Title Map

38 HOBBY CLOSE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 38 HOBBY 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 38 HOBBY 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 38 HOBBY CLOSE?

38 HOBBY CLOSE is located in BROUGHTON ASTLEY, in the LE9 postcode district. The below map shows the position of No. 38 on HOBBY CLOSE.