8, LOCKSIDE CLOSE, GLEN PARVA, LEICESTER, LE2 9TD - £250,000

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 LOCKSIDE CLOSE is a very large detached house of 173m², built sometime between 2003 and 2006, which could now be worth an estimated £448,845. It was last sold for £250,000 in February 2012, which was around 15% above the average February 2012 detached price in the Blaby local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

8 LOCKSIDE CLOSE Sold Prices

Land registry data shows three sales for 8 LOCKSIDE 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 Blaby local authority area for the corresponding sale date. All of the three 8 LOCKSIDE 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
2012 17 FEB	£250,000	£217,365	15% above HPI
2009 6 NOV	£249,999	£209,948	19% above HPI
2006 20 JUN	£329,950	£219,026	51% above HPI

8 LOCKSIDE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The three 8 LOCKSIDE CLOSE sales between June 2006 and February 2012 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 November 2009 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the February 2012 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 8 LOCKSIDE CLOSE be worth now?

8 LOCKSIDE CLOSE might now be worth an estimated £448,845.

This is based on house price inflation of 79.5%, between February 2012 and February 2025, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 79.5% inflationary increase is applied to the most recent sale price for 8 LOCKSIDE CLOSE of £250,000 on 17th February 2012. For the value to have increased from £250,000 to £448,845 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of 8 LOCKSIDE CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The February 2012 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LOCKSIDE CLOSE has not materially changed since February 2012.

How Large is 8 LOCKSIDE CLOSE?

8 LOCKSIDE CLOSE is 173m² according to the EPC inspection conducted in August 2011. This puts it in the largest 20% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 8 LOCKSIDE CLOSE lies on this distribution: 86% of detached houses houses are smaller than 8 LOCKSIDE CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Leicester.

8 LOCKSIDE CLOSE: Plot and Title Map

8 LOCKSIDE CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 8 LOCKSIDE 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 LOCKSIDE 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 LOCKSIDE CLOSE?

8 LOCKSIDE CLOSE is located in GLEN PARVA, in the LE2 postcode district. The below map shows the position of No. 8 on LOCKSIDE CLOSE.