10, MERTON WAY, KIBWORTH HARCOURT, LEICESTER, LE8 0NU - £500,000

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

10 MERTON WAY is a large extended detached house of 148m², built sometime between 1950 and 1966, which could now be worth an estimated £622,654. It was last sold for £500,000 in December 2019, which was around 26% above the average December 2019 detached price in the Harborough local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

10 MERTON WAY Sold Prices

Land registry data shows three sales for 10 MERTON WAY 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 10 MERTON WAY 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
2019 11 DEC	£500,000	£395,761	26% above HPI
2019 31 OCT	£490,000	£400,486	22% above HPI
2004 12 MAR	£345,000	£228,473	51% above HPI

10 MERTON WAY 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 10 MERTON WAY sales between March 2004 and December 2019 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 2019 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the December 2019 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 10 MERTON WAY be worth now?

10 MERTON WAY might now be worth an estimated £622,654.

This is based on house price inflation of 24.5%, between December 2019 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 24.5% inflationary increase is applied to the most recent sale price for 10 MERTON WAY of £500,000 on 11th December 2019. For the value to have increased from £500,000 to £622,654 over the five years to December 2024, the following assumptions must hold true:

• The value of 10 MERTON WAY has moved in line with the HPI for detached houses in the Harborough local authority area.
• The December 2019 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MERTON WAY has not materially changed since December 2019.

How Large is 10 MERTON WAY?

10 MERTON WAY is 148m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 40% of detached houses houses in Kibworth Harcourt, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kibworth Harcourt, and where 10 MERTON WAY lies on this distribution: 63% of detached houses houses are smaller than 10 MERTON WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Kibworth Harcourt.

10 MERTON WAY: Plot and Title Map

10 MERTON WAY sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of 10 MERTON WAY, 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 10 MERTON WAY). 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 10 MERTON WAY?

10 MERTON WAY is located in KIBWORTH HARCOURT, in the LE8 postcode district. The below map shows the position of No. 10 on MERTON WAY.