7, MARTIN CLOSE, WHITWICK, COALVILLE, LE67 5DY - £120,000

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.

7 MARTIN CLOSE is a very small extended detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £221,969. It was last sold for £120,000 in June 2012, which was around 44% below the average June 2012 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was D.

7 MARTIN CLOSE Sold Prices

Land registry data shows two sales for 7 MARTIN 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 North West Leicestershire local authority area for the corresponding sale date. Both of the two 7 MARTIN 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
2012 1 JUN	£120,000	£214,838	44% below HPI
1999 23 JUL	£71,950	£94,567	24% below HPI

7 MARTIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two 7 MARTIN CLOSE sales from July 1999 and June 2012 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 July 1999 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2012 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 7 MARTIN CLOSE be worth now?

7 MARTIN CLOSE might now be worth an estimated £221,969.

This is based on house price inflation of 85%, between June 2012 and February 2025, for detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 85% inflationary increase is applied to the most recent sale price for 7 MARTIN CLOSE of £120,000 on 1st June 2012. For the value to have increased from £120,000 to £221,969 over the thirteen years and four months to February 2025, the following assumptions must hold true:

• The value of 7 MARTIN CLOSE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The June 2012 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MARTIN CLOSE has not materially changed since June 2012.

How Large is 7 MARTIN CLOSE?

7 MARTIN CLOSE is 73m², which includes one extension, according to the EPC inspection conducted in December 2011. This puts it in the smallest 20% of detached houses houses in Whitwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitwick, and where 7 MARTIN CLOSE lies on this distribution: 15% of detached houses houses are smaller than 7 MARTIN CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Whitwick.

7 MARTIN CLOSE: Plot and Title Map

7 MARTIN CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 7 MARTIN 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 7 MARTIN 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 7 MARTIN CLOSE?

7 MARTIN CLOSE is located in WHITWICK, in the LE67 postcode district. The below map shows the position of No. 7 on MARTIN CLOSE.