1, WEARE CLOSE, BILLESDON, LEICESTER, LE7 9DY - £525,000

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 WEARE CLOSE is a large detached house of 195m², built sometime between 2003 and 2006. It was last sold for £525,000 in August 2013, which was around 89% above the average August 2013 detached price in the Harborough local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

1 WEARE CLOSE Sold Prices

Land registry data shows two sales for 1 WEARE 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 Harborough local authority area for the corresponding sale date. Both of the two 1 WEARE CLOSE sales 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
2013 1 AUG	£525,000	£277,280	89% above HPI
2004 15 OCT	£489,950	£256,814	91% above HPI

1 WEARE 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 two 1 WEARE CLOSE sales from October 2004 and August 2013 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 2004 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the August 2013 sale, where it falls to 89% above the HPI. The line then continues to track at 89% above the HPI.

How Large is 1 WEARE CLOSE?

1 WEARE CLOSE is 195m² according to the EPC inspection conducted in July 2024. This puts it in the largest 30% of detached houses in Billesdon, based on EPC data. The below chart shows the distribution of detached houses by size in Billesdon, and where 1 WEARE CLOSE lies on this distribution: 71% of detached houses are smaller than 1 WEARE CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Billesdon.

1 WEARE CLOSE: Plot and Title Map

1 WEARE CLOSE sits on a plot of roughly 0.182 of an acre, or 738m². The below map shows the location of 1 WEARE 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 WEARE 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 WEARE CLOSE?

1 WEARE CLOSE is located in BILLESDON, in the LE7 postcode district. The below map shows the position of No. 1 on WEARE CLOSE.