7, RICHMOND CLOSE, DESFORD, LEICESTER, LE9 9HU - £280,000

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

7 RICHMOND CLOSE is a small extended detached house of 112m², built sometime between 1976 and 1982. It was last sold for £280,000 in July 2019, which was around 10% below the average July 2019 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

7 RICHMOND CLOSE Sold Prices

Land registry data shows four sales for 7 RICHMOND CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the four 7 RICHMOND 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
2019 15 JUL	£280,000	£311,195	10% below HPI
2011 22 JUL	£210,000	£212,469	1% below HPI
1999 2 JUL	£76,000	£93,753	19% below HPI
1997 30 APR	£59,000	£79,785	26% below HPI

7 RICHMOND 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 four 7 RICHMOND CLOSE sales between April 1997 and July 2019 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 2011 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2019 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 7 RICHMOND CLOSE?

7 RICHMOND CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% of detached houses in Desford, based on EPC data. The below chart shows the distribution of detached houses by size in Desford, and where 7 RICHMOND CLOSE lies on this distribution: 31% of detached houses are smaller than 7 RICHMOND CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Desford.

7 RICHMOND CLOSE: Plot and Title Map

7 RICHMOND CLOSE sits on a plot of roughly 47.9 acres, or 194,046m². The below map shows the location of 7 RICHMOND 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 RICHMOND 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 RICHMOND CLOSE?

7 RICHMOND CLOSE is located in DESFORD, in the LE9 postcode district. The below map shows the position of No. 7 on RICHMOND CLOSE.