8, PARADISE CLOSE, MOIRA, SWADLINCOTE, DE12 6EE - £282,500

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 PARADISE CLOSE is a midsized extended detached house of 119m², built sometime between 1996 and 2002, which could now be worth an estimated £352,045. It was last sold for £282,500 in June 2020, which was around 11% below the average June 2020 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

8 PARADISE CLOSE Sold Prices

Land registry data shows four sales for 8 PARADISE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. two of the four 8 PARADISE CLOSE sales were for below the average price, and four 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
2020 22 JUN	£282,500	£318,891	11% below HPI
2012 18 JAN	£222,500	£219,710	1% above HPI
2006 26 APR	£215,000	£219,489	2% below HPI
1997 26 SEP	£87,995	£84,160	5% above HPI

8 PARADISE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The four 8 PARADISE CLOSE sales between September 1997 and June 2020 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 January 2012 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 8 PARADISE CLOSE be worth now?

8 PARADISE CLOSE might now be worth an estimated £352,045.

This is based on house price inflation of 24.6%, between June 2020 and February 2025, for detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.6% inflationary increase is applied to the most recent sale price for 8 PARADISE CLOSE of £282,500 on 22nd June 2020. For the value to have increased from £282,500 to £352,045 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 8 PARADISE CLOSE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The June 2020 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of 8 PARADISE CLOSE has not materially changed since June 2020.

How Large is 8 PARADISE CLOSE?

8 PARADISE CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the largest 50% of detached houses houses in Moira, based on EPC data. The below chart shows the distribution of detached houses houses by size in Moira, and where 8 PARADISE CLOSE lies on this distribution: 56% of detached houses houses are smaller than 8 PARADISE CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Moira.

8 PARADISE CLOSE: Plot and Title Map

8 PARADISE CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 8 PARADISE 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 PARADISE 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 PARADISE CLOSE?

8 PARADISE CLOSE is located in MOIRA, in the DE12 postcode district. The below map shows the position of No. 8 on PARADISE CLOSE.