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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 MONARCH CLOSE is a midsized extended detached house of 103m², built sometime between 1967 and 1975. It was last sold for £308,000 in February 2021, which was around 14% 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	£358,017	14% below HPI
2002 17 JUN	£122,500	£154,189	21% 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 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

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 in Birstall, based on EPC data. The below chart shows the distribution of detached houses by size in Birstall, and where 8 MONARCH CLOSE lies on this distribution: 46% of detached 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.