5, HOMESTEAD CLOSE, COSSINGTON, LEICESTER, LE7 4UN - £472,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 HOMESTEAD CLOSE is a very small detached house of 95m², built sometime between 1967 and 1975. It was last sold for £472,500 in May 2022, which was around 19% above the average May 2022 detached price in the Charnwood local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

5 HOMESTEAD CLOSE Sold Prices

Land registry data shows three sales for 5 HOMESTEAD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. Two of the three 5 HOMESTEAD CLOSE sales were for above the average price, whilst one was 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
2022 10 MAY	£472,500	£397,494	19% above HPI
2020 17 JAN	£400,000	£335,631	19% above HPI
2016 16 DEC	£235,500	£296,253	21% below HPI

5 HOMESTEAD 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 three 5 HOMESTEAD CLOSE sales between December 2016 and May 2022 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 January 2020 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the May 2022 sale, which was also at 19% above the HPI.

How Large is 5 HOMESTEAD CLOSE?

5 HOMESTEAD CLOSE is 95m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% of detached houses in Cossington, based on EPC data. The below chart shows the distribution of detached houses by size in Cossington, and where 5 HOMESTEAD CLOSE lies on this distribution: 7% of detached houses are smaller than 5 HOMESTEAD CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Cossington.

5 HOMESTEAD CLOSE: Plot and Title Map

5 HOMESTEAD CLOSE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 5 HOMESTEAD 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 5 HOMESTEAD 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 5 HOMESTEAD CLOSE?

5 HOMESTEAD CLOSE is located in COSSINGTON, in the LE7 postcode district. The below map shows the position of No. 5 on HOMESTEAD CLOSE.