6, MAY CLOSE, LEICESTER, LE3 1PZ - £225,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

6 MAY CLOSE is a small extended detached house of 103m², built sometime between 1996 and 2002. It was last sold for £225,000 in May 2021, which was around 35% below the average May 2021 detached price in the Leicester local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

6 MAY CLOSE Sold Prices

Land registry data shows five sales for 6 MAY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the five 6 MAY 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 13 MAY	£225,000	£343,711	35% below HPI
2017 7 APR	£168,000	£272,212	38% below HPI
2011 22 JUL	£125,000	£202,567	38% below HPI
2002 25 JUN	£87,000	£127,096	32% below HPI
2000 30 JUN	£68,500	£88,585	23% below HPI

6 MAY 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 five 6 MAY CLOSE sales between June 2000 and May 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 April 2017 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 6 MAY CLOSE?

6 MAY CLOSE is 103m², which includes three extensions, according to the EPC inspection conducted in May 2021. This puts it in the smallest 40% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 6 MAY CLOSE lies on this distribution: 37% of detached houses are smaller than 6 MAY CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Leicester.

6 MAY CLOSE: Plot and Title Map

6 MAY CLOSE sits on a plot of roughly 0.061 of an acre, or 249m². The below map shows the location of 6 MAY 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 MAY 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 MAY CLOSE?

6 MAY CLOSE is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 6 on MAY CLOSE.