15, THE LEA, KIBWORTH, LEICESTER, LE8 0SE - £249,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 THE LEA is a small detached house of 114m², built sometime between 1967 and 1975, which could now be worth an estimated £465,330. It was last sold for £249,950 in May 2012, which was around 3% below the average May 2012 detached price in the Harborough local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was C.

15 THE LEA Sold Prices

Land registry data shows four sales for 15 THE LEA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. Most of the four 15 THE LEA 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
2012 2 MAY	£249,950	£257,304	3% below HPI
2003 1 DEC	£220,000	£214,581	3% above HPI
2001 11 MAY	£139,950	£138,836	1% above HPI
1998 30 JAN	£106,000	£103,021	3% above HPI

15 THE LEA 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 four 15 THE LEA sales between January 1998 and May 2012 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 2003 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2012 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 15 THE LEA be worth now?

15 THE LEA might now be worth an estimated £465,330.

This is based on house price inflation of 86.2%, between May 2012 and March 2025, 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 86.2% inflationary increase is applied to the most recent sale price for 15 THE LEA of £249,950 on 2nd May 2012. For the value to have increased from £249,950 to £465,330 over the thirteen years and two months to March 2025, the following assumptions must hold true:

• The value of 15 THE LEA has moved in line with the HPI for detached houses in the Harborough local authority area.
• The May 2012 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 15 THE LEA has not materially changed since May 2012.

How Large is 15 THE LEA?

15 THE LEA is 114m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 30% 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 15 THE LEA lies on this distribution: 25% of detached houses houses are smaller than 15 THE LEA, and 75% of houses are larger. Note that EPC data is not available for all properties in Kibworth Harcourt.

15 THE LEA: Plot and Title Map

15 THE LEA sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 15 THE LEA, 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 15 THE LEA). 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 15 THE LEA?

15 THE LEA is located in KIBWORTH, in the LE8 postcode district. The below map shows the position of No. 15 on THE LEA.