1, THE WRANGLANDS, FLECKNEY, LEICESTER, LE8 8TW - £218,000

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

1 THE WRANGLANDS is a very small detached house of 60m², built sometime between 1967 and 1975. It was last sold for £218,000 in December 2023, which was around 54% below the average December 2023 detached price in the Harborough local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

1 THE WRANGLANDS Sold Prices

Land registry data shows two sales for 1 THE WRANGLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. Both of the two 1 THE WRANGLANDS 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
2023 20 DEC	£218,000	£468,980	54% below HPI
2002 4 OCT	£78,000	£189,951	59% below HPI

1 THE WRANGLANDS 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 two 1 THE WRANGLANDS sales from October 2002 and December 2023 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 October 2002 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the December 2023 sale, where it rises to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 1 THE WRANGLANDS?

1 THE WRANGLANDS is 60m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 10% of detached houses in Fleckney, based on EPC data. The below chart shows the distribution of detached houses by size in Fleckney, and where 1 THE WRANGLANDS lies on this distribution: 2% of detached houses are smaller than 1 THE WRANGLANDS, and 98% of houses are larger. Note that EPC data is not available for all properties in Fleckney.

1 THE WRANGLANDS: Plot and Title Map

1 THE WRANGLANDS sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 1 THE WRANGLANDS, 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 WRANGLANDS). 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 WRANGLANDS?

1 THE WRANGLANDS is located in FLECKNEY, in the LE8 postcode district. The below map shows the position of No. 1 on THE WRANGLANDS.