11, WEARE CLOSE, BILLESDON, LEICESTER, LE7 9DY - £470,000

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

11 WEARE CLOSE is a very large detached house of 259m², built sometime between 2003 and 2006. It was last sold for £470,000 in April 2014, which was around 57% above the average April 2014 detached price in the Harborough local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

11 WEARE CLOSE Sold Prices

Land registry data shows two sales for 11 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 11 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
2014 16 APR	£470,000	£300,299	57% above HPI
2004 23 DEC	£475,950	£254,697	87% above HPI

11 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 11 WEARE CLOSE sales from December 2004 and April 2014 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 2004 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the April 2014 sale, where it falls to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is 11 WEARE CLOSE?

11 WEARE CLOSE is 259m² according to the EPC inspection conducted in May 2011. This puts it in the largest 10% of detached houses in Billesdon, based on EPC data. The below chart shows the distribution of detached houses by size in Billesdon, and where 11 WEARE CLOSE lies on this distribution: 94% of detached houses are smaller than 11 WEARE CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Billesdon.

11 WEARE CLOSE: Plot and Title Map

11 WEARE CLOSE sits on a plot of roughly 0.139 of an acre, or 564m². The below map shows the location of 11 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 11 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 11 WEARE CLOSE?

11 WEARE CLOSE is located in BILLESDON, in the LE7 postcode district. The below map shows the position of No. 11 on WEARE CLOSE.