6, CARA CLOSE, LEICESTER, LE2 3UD - £190,000

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.

6 CARA CLOSE is a very small detached house of 75m², built sometime between 2003 and 2006, which could now be worth an estimated £336,706. It was last sold for £190,000 in August 2014, which was around 13% below the average August 2014 detached price in the Leicester local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

6 CARA CLOSE Sold Prices

Land registry data shows three sales for 6 CARA 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 Leicester local authority area for the corresponding sale date. Two of the three 6 CARA CLOSE sales were for below the average price, whilst one was 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
2014 29 AUG	£190,000	£217,858	13% below HPI
2008 23 MAY	£200,000	£212,510	6% below HPI
2003 12 DEC	£175,500	£171,806	2% above HPI

6 CARA 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 three 6 CARA CLOSE sales between December 2003 and August 2014 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 May 2008 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2014 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 6 CARA CLOSE be worth now?

6 CARA CLOSE might now be worth an estimated £336,706.

This is based on house price inflation of 77.2%, between August 2014 and February 2025, 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 77.2% inflationary increase is applied to the most recent sale price for 6 CARA CLOSE of £190,000 on 29th August 2014. For the value to have increased from £190,000 to £336,706 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 6 CARA CLOSE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The August 2014 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 6 CARA CLOSE has not materially changed since August 2014.

How Large is 6 CARA CLOSE?

6 CARA CLOSE is 75m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% 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 6 CARA CLOSE lies on this distribution: 10% of detached houses houses are smaller than 6 CARA CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Leicester.

6 CARA CLOSE: Plot and Title Map

6 CARA CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 6 CARA 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 6 CARA 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 6 CARA CLOSE?

6 CARA CLOSE is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 6 on CARA CLOSE.