8, LANCASTER CLOSE, DESFORD, LEICESTER, LE9 9HW - £257,050

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 LANCASTER CLOSE is a very large extended detached house of 164m², built sometime between 1967 and 1975, which could now be worth an estimated £481,081. It was last sold for £257,050 in December 2011, which was around 26% above the average December 2011 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

8 LANCASTER CLOSE Sold Prices

Land registry data shows three sales for 8 LANCASTER 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 Hinckley and Bosworth local authority area for the corresponding sale date. All of the three 8 LANCASTER 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
2011 8 DEC	£257,050	£203,600	26% above HPI
2009 14 APR	£280,000	£187,392	49% above HPI
2004 15 OCT	£236,500	£207,169	14% above HPI

8 LANCASTER 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 three 8 LANCASTER CLOSE sales between October 2004 and December 2011 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 April 2009 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the December 2011 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 8 LANCASTER CLOSE be worth now?

8 LANCASTER CLOSE might now be worth an estimated £481,081.

This is based on house price inflation of 87.2%, between December 2011 and February 2025, for detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 87.2% inflationary increase is applied to the most recent sale price for 8 LANCASTER CLOSE of £257,050 on 8th December 2011. For the value to have increased from £257,050 to £481,081 over the fourteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 LANCASTER CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The December 2011 sale price of £257,050 represented a fair market value for the property.
• The size, condition, and specification of 8 LANCASTER CLOSE has not materially changed since December 2011.

How Large is 8 LANCASTER CLOSE?

8 LANCASTER CLOSE is 164m², which includes two extensions, according to the EPC inspection conducted in November 2023. This puts it in the largest 20% of detached houses houses in Desford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Desford, and where 8 LANCASTER CLOSE lies on this distribution: 80% of detached houses houses are smaller than 8 LANCASTER CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Desford.

8 LANCASTER CLOSE: Plot and Title Map

8 LANCASTER CLOSE sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of 8 LANCASTER 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 LANCASTER 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 LANCASTER CLOSE?

8 LANCASTER CLOSE is located in DESFORD, in the LE9 postcode district. The below map shows the position of No. 8 on LANCASTER CLOSE.