8, GIFFORD CLOSE, LEICESTER, LE5 6FG - £220,000

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

8 GIFFORD CLOSE is a small detached house of 96m², built sometime between 1976 and 1982. It was last sold for £220,000 in March 2016, which was around 11% below the average March 2016 detached price in the Leicester local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

8 GIFFORD CLOSE Sold Prices

Land registry data shows two sales for 8 GIFFORD 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 Leicester local authority area for the corresponding sale date. Both of the two 8 GIFFORD 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
2016 29 MAR	£220,000	£248,485	11% below HPI
2005 11 MAR	£185,000	£197,274	6% below HPI

8 GIFFORD 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 two 8 GIFFORD CLOSE sales from March 2005 and March 2016 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 March 2005 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 8 GIFFORD CLOSE?

8 GIFFORD CLOSE is 96m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 30% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 8 GIFFORD CLOSE lies on this distribution: 30% of detached houses are smaller than 8 GIFFORD CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Leicester.

8 GIFFORD CLOSE: Plot and Title Map

8 GIFFORD CLOSE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 8 GIFFORD 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 8 GIFFORD 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 8 GIFFORD CLOSE?

8 GIFFORD CLOSE is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 8 on GIFFORD CLOSE.