1, PALMERSTON CLOSE, KIBWORTH, LEICESTER, LE8 0JJ - £234,995

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.

1 PALMERSTON CLOSE is a very small detached house of 52m², built sometime between 1967 and 1975, which could now be worth an estimated £357,898. It was last sold for £234,995 in May 2016, which was around 26% below the average May 2016 detached price in the Harborough local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.

1 PALMERSTON CLOSE Sold Prices

Land registry data shows four sales for 1 PALMERSTON 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 Harborough local authority area for the corresponding sale date. All of the four 1 PALMERSTON 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
2016 3 MAY	£234,995	£318,684	26% below HPI
2003 3 DEC	£160,000	£214,581	25% below HPI
2002 1 FEB	£108,000	£146,073	26% below HPI
1998 3 JUL	£61,000	£104,617	42% below HPI

1 PALMERSTON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The four 1 PALMERSTON CLOSE sales between July 1998 and May 2016 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 December 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2016 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 1 PALMERSTON CLOSE be worth now?

1 PALMERSTON CLOSE might now be worth an estimated £357,898.

This is based on house price inflation of 52.3%, between May 2016 and February 2025, for detached houses, in the Harborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 52.3% inflationary increase is applied to the most recent sale price for 1 PALMERSTON CLOSE of £234,995 on 3rd May 2016. For the value to have increased from £234,995 to £357,898 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 1 PALMERSTON CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The May 2016 sale price of £234,995 represented a fair market value for the property.
• The size, condition, and specification of 1 PALMERSTON CLOSE has not materially changed since May 2016.

How Large is 1 PALMERSTON CLOSE?

1 PALMERSTON CLOSE is 52m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses houses in Kibworth Beauchamp, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kibworth Beauchamp, and where 1 PALMERSTON CLOSE lies on this distribution: 1% of detached houses houses are smaller than 1 PALMERSTON CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Kibworth Beauchamp.

1 PALMERSTON CLOSE: Plot and Title Map

1 PALMERSTON CLOSE sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 1 PALMERSTON 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 1 PALMERSTON 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 1 PALMERSTON CLOSE?

1 PALMERSTON CLOSE is located in KIBWORTH, in the LE8 postcode district. The below map shows the position of No. 1 on PALMERSTON CLOSE.