6, ESSEX CLOSE, DESFORD, LEICESTER, LE9 9HP - £270,000

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 ESSEX CLOSE is a very small detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £284,985. It was last sold for £270,000 in February 2022, which was around 25% below the average February 2022 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

6 ESSEX CLOSE Sold Prices

Land registry data shows two sales for 6 ESSEX CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 6 ESSEX 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
2022 24 FEB	£270,000	£361,011	25% below HPI
2002 13 DEC	£128,000	£156,889	18% below HPI

6 ESSEX CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The two 6 ESSEX CLOSE sales from December 2002 and February 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 December 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 6 ESSEX CLOSE be worth now?

6 ESSEX CLOSE might now be worth an estimated £284,985.

This is based on house price inflation of 5.5%, between February 2022 and February 2025, for detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.5% inflationary increase is applied to the most recent sale price for 6 ESSEX CLOSE of £270,000 on 24th February 2022. For the value to have increased from £270,000 to £284,985 over the three years to February 2025, the following assumptions must hold true:

• The value of 6 ESSEX CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The February 2022 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 6 ESSEX CLOSE has not materially changed since February 2022.

How Large is 6 ESSEX CLOSE?

6 ESSEX CLOSE is 76m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of detached houses houses in Desford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Desford, and where 6 ESSEX CLOSE lies on this distribution: 4% of detached houses houses are smaller than 6 ESSEX CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Desford.

6 ESSEX CLOSE: Plot and Title Map

6 ESSEX CLOSE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 6 ESSEX 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 ESSEX 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 ESSEX CLOSE?

6 ESSEX CLOSE is located in DESFORD, in the LE9 postcode district. The below map shows the position of No. 6 on ESSEX CLOSE.