8, HAMES CLOSE, ROTHLEY, LEICESTER, LE7 7NZ - £350,000

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.

8 HAMES CLOSE is a midsized detached house of 124m², which could now be worth an estimated £476,979. It was last sold for £350,000 in February 2018, which was around 15% above the average February 2018 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2013, where the current energy rating was B, and the potential energy rating was B.

8 HAMES CLOSE Sold Prices

Land registry data shows two sales for 8 HAMES 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 Charnwood local authority area for the corresponding sale date. Both of the two 8 HAMES 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
2018 12 FEB	£350,000	£305,417	15% above HPI
2014 14 FEB	£278,000	£249,425	11% above HPI

8 HAMES 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 two 8 HAMES CLOSE sales from February 2014 and February 2018 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 February 2014 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2018 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 8 HAMES CLOSE be worth now?

8 HAMES CLOSE might now be worth an estimated £476,979.

This is based on house price inflation of 36.3%, between February 2018 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.3% inflationary increase is applied to the most recent sale price for 8 HAMES CLOSE of £350,000 on 12th February 2018. For the value to have increased from £350,000 to £476,979 over the seven years to February 2025, the following assumptions must hold true:

• The value of 8 HAMES CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The February 2018 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HAMES CLOSE has not materially changed since February 2018.

How Large is 8 HAMES CLOSE?

8 HAMES CLOSE is 124m² according to the EPC inspection conducted in September 2013. This puts it in the largest 50% of detached houses houses in Rothley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rothley, and where 8 HAMES CLOSE lies on this distribution: 48% of detached houses houses are smaller than 8 HAMES CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Rothley.

8 HAMES CLOSE: Plot and Title Map

8 HAMES CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 8 HAMES 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 HAMES 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 HAMES CLOSE?

8 HAMES CLOSE is located in ROTHLEY, in the LE7 postcode district. The below map shows the position of No. 8 on HAMES CLOSE.