7, ORTON CLOSE, REARSBY, LEICESTER, LE7 4XZ - £475,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 ORTON CLOSE is a small detached house of 113m², built sometime between 1996 and 2002. It was last sold for £475,000 in September 2022, which was around 15% above the average September 2022 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

7 ORTON CLOSE Sold Prices

Land registry data shows three sales for 7 ORTON 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 Charnwood local authority area for the corresponding sale date. All of the three 7 ORTON 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
2022 22 SEP	£475,000	£413,030	15% above HPI
2007 20 JUL	£389,000	£257,171	51% above HPI
1998 18 DEC	£147,000	£94,511	56% above HPI

7 ORTON 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 three 7 ORTON CLOSE sales between December 1998 and September 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 July 2007 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the September 2022 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 7 ORTON CLOSE?

7 ORTON CLOSE is 113m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 40% of detached houses in Rearsby, based on EPC data. The below chart shows the distribution of detached houses by size in Rearsby, and where 7 ORTON CLOSE lies on this distribution: 34% of detached houses are smaller than 7 ORTON CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Rearsby.

7 ORTON CLOSE: Plot and Title Map

7 ORTON CLOSE sits on a plot of roughly 0.169 of an acre, or 684m². The below map shows the location of 7 ORTON 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 ORTON 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 ORTON CLOSE?

7 ORTON CLOSE is located in REARSBY, in the LE7 postcode district. The below map shows the position of No. 7 on ORTON CLOSE.