8, MONARCH CLOSE, BIRSTALL, LEICESTER, LE4 4GU - £308,000

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 MONARCH CLOSE is a midsized extended detached house of 103m², built sometime between 1967 and 1975, which could now be worth an estimated £362,344. It was last sold for £308,000 in February 2021, which was around 13% below the average February 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

8 MONARCH CLOSE Sold Prices

Land registry data shows two sales for 8 MONARCH 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 MONARCH 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
2021 25 FEB	£308,000	£353,180	13% below HPI
2002 17 JUN	£122,500	£152,106	19% below HPI

8 MONARCH 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 MONARCH CLOSE sales from June 2002 and February 2021 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 June 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 8 MONARCH CLOSE be worth now?

8 MONARCH CLOSE might now be worth an estimated £362,344.

This is based on house price inflation of 17.6%, between February 2021 and March 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 17.6% inflationary increase is applied to the most recent sale price for 8 MONARCH CLOSE of £308,000 on 25th February 2021. For the value to have increased from £308,000 to £362,344 over the three years and eleven months to March 2025, the following assumptions must hold true:

• The value of 8 MONARCH CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The February 2021 sale price of £308,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MONARCH CLOSE has not materially changed since February 2021.

How Large is 8 MONARCH CLOSE?

8 MONARCH CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 50% of detached houses houses in Birstall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birstall, and where 8 MONARCH CLOSE lies on this distribution: 46% of detached houses houses are smaller than 8 MONARCH CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Birstall.

8 MONARCH CLOSE: Plot and Title Map

8 MONARCH CLOSE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 8 MONARCH 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 MONARCH 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 MONARCH CLOSE?

8 MONARCH CLOSE is located in BIRSTALL, in the LE4 postcode district. The below map shows the position of No. 8 on MONARCH CLOSE.