1, THE GLEBELANDS, GREAT GLEN, LEICESTER, LE8 9FR - £232,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 THE GLEBELANDS is a very small extended detached house of 61m², built sometime between 1967 and 1975, which could now be worth an estimated £412,639. It was last sold for £232,500 in June 2007, which was around 16% below the average June 2007 detached price in the Harborough local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

1 THE GLEBELANDS Sold Prices

Land registry data shows three sales for 1 THE GLEBELANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the three 1 THE GLEBELANDS 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
2007 21 JUN	£232,500	£277,691	16% below HPI
2006 1 DEC	£176,000	£264,462	33% below HPI
1995 10 MAY	£70,000	£82,917	16% below HPI

1 THE GLEBELANDS 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 three 1 THE GLEBELANDS sales between May 1995 and June 2007 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 2006 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2007 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 1 THE GLEBELANDS be worth now?

1 THE GLEBELANDS might now be worth an estimated £412,639.

This is based on house price inflation of 77.5%, between June 2007 and December 2024, 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 77.5% inflationary increase is applied to the most recent sale price for 1 THE GLEBELANDS of £232,500 on 21st June 2007. For the value to have increased from £232,500 to £412,639 over the sixteen years and six months to December 2024, the following assumptions must hold true:

• The value of 1 THE GLEBELANDS has moved in line with the HPI for detached houses in the Harborough local authority area.
• The June 2007 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 1 THE GLEBELANDS has not materially changed since June 2007.

How Large is 1 THE GLEBELANDS?

1 THE GLEBELANDS is 61m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of detached houses houses in Great Glen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Glen, and where 1 THE GLEBELANDS lies on this distribution: 3% of detached houses houses are smaller than 1 THE GLEBELANDS, and 97% of houses are larger. Note that EPC data is not available for all properties in Great Glen.

1 THE GLEBELANDS: Plot and Title Map

1 THE GLEBELANDS sits on a plot of roughly 0.168 of an acre, or 681m². The below map shows the location of 1 THE GLEBELANDS, 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 THE GLEBELANDS). 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 THE GLEBELANDS?

1 THE GLEBELANDS is located in GREAT GLEN, in the LE8 postcode district. The below map shows the position of No. 1 on THE GLEBELANDS.