4, LODGE CLOSE, THURMASTON, LEICESTER, LE4 8LZ - £261,000

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.

4 LODGE CLOSE is a very small detached house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £308,374. It was last sold for £261,000 in March 2021, which was around 26% below the average March 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

4 LODGE CLOSE Sold Prices

Land registry data shows four sales for 4 LODGE 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 Charnwood local authority area for the corresponding sale date. All of the four 4 LODGE 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
2021 25 MAR	£261,000	£352,279	26% below HPI
2017 3 MAR	£180,000	£292,919	39% below HPI
2014 29 MAY	£145,000	£249,092	42% below HPI
2007 14 DEC	£167,000	£254,432	34% below HPI

4 LODGE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The four 4 LODGE CLOSE sales between December 2007 and March 2021 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 March 2017 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 4 LODGE CLOSE be worth now?

4 LODGE CLOSE might now be worth an estimated £308,374.

This is based on house price inflation of 18.2%, between March 2021 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.2% inflationary increase is applied to the most recent sale price for 4 LODGE CLOSE of £261,000 on 25th March 2021. For the value to have increased from £261,000 to £308,374 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 4 LODGE CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The March 2021 sale price of £261,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LODGE CLOSE has not materially changed since March 2021.

How Large is 4 LODGE CLOSE?

4 LODGE CLOSE is 56m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% of detached houses houses in Thurmaston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thurmaston, and where 4 LODGE CLOSE lies on this distribution: 6% of detached houses houses are smaller than 4 LODGE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Thurmaston.

4 LODGE CLOSE: Plot and Title Map

4 LODGE CLOSE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 4 LODGE 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 4 LODGE 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 4 LODGE CLOSE?

4 LODGE CLOSE is located in THURMASTON, in the LE4 postcode district. The below map shows the position of No. 4 on LODGE CLOSE.