5, WESTON CLOSE, REARSBY, LEICESTER, LE7 4DA - £435,000

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.

5 WESTON CLOSE is a large detached house of 145m², built sometime between 1996 and 2002, which could now be worth an estimated £510,083. It was last sold for £435,000 in January 2021, which was around 23% above the average January 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

5 WESTON CLOSE Sold Prices

Land registry data shows six sales for 5 WESTON CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the six 5 WESTON CLOSE sales were for above 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 11 JAN	£435,000	£354,954	23% above HPI
2017 10 MAR	£371,000	£292,919	27% above HPI
2013 2 AUG	£297,500	£242,583	23% above HPI
2006 12 JAN	£310,000	£231,232	34% above HPI
1999 3 SEP	£150,000	£102,636	46% above HPI
1997 22 AUG	£141,000	£89,068	58% above HPI

5 WESTON 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 six 5 WESTON CLOSE sales between August 1997 and January 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 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the January 2021 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 5 WESTON CLOSE be worth now?

5 WESTON CLOSE might now be worth an estimated £510,083.

This is based on house price inflation of 17.3%, between January 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 17.3% inflationary increase is applied to the most recent sale price for 5 WESTON CLOSE of £435,000 on 11th January 2021. For the value to have increased from £435,000 to £510,083 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 5 WESTON CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The January 2021 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WESTON CLOSE has not materially changed since January 2021.

How Large is 5 WESTON CLOSE?

5 WESTON CLOSE is 145m² according to the EPC inspection conducted in April 2011. This puts it in the largest 40% of detached houses houses in Rearsby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rearsby, and where 5 WESTON CLOSE lies on this distribution: 64% of detached houses houses are smaller than 5 WESTON CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Rearsby.

5 WESTON CLOSE: Plot and Title Map

5 WESTON CLOSE sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of 5 WESTON 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 WESTON 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 WESTON CLOSE?

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