1A, GAINSBOROUGH ROAD, KIBWORTH HARCOURT, LEICESTER, LE8 0SG - £360,000

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.

1A GAINSBOROUGH ROAD is a small detached house of 113m², built sometime between 1976 and 1982, which could now be worth an estimated £429,101. It was last sold for £360,000 in February 2021, which was around 12% below the average February 2021 detached price in the Harborough local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

1A GAINSBOROUGH ROAD Sold Prices

Land registry data shows three sales for 1A GAINSBOROUGH ROAD 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. Two of the three 1A GAINSBOROUGH ROAD sales were for below the average price, whilst one was 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
2021 10 FEB	£360,000	£407,197	12% below HPI
2009 10 NOV	£244,000	£251,890	3% below HPI
2005 12 JAN	£250,000	£241,174	4% above HPI

1A GAINSBOROUGH ROAD 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 1A GAINSBOROUGH ROAD sales between January 2005 and February 2021 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 November 2009 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1A GAINSBOROUGH ROAD be worth now?

1A GAINSBOROUGH ROAD might now be worth an estimated £429,101.

This is based on house price inflation of 19.2%, between February 2021 and February 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 19.2% inflationary increase is applied to the most recent sale price for 1A GAINSBOROUGH ROAD of £360,000 on 10th February 2021. For the value to have increased from £360,000 to £429,101 over the four years to February 2025, the following assumptions must hold true:

• The value of 1A GAINSBOROUGH ROAD has moved in line with the HPI for detached houses in the Harborough local authority area.
• The February 2021 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 1A GAINSBOROUGH ROAD has not materially changed since February 2021.

How Large is 1A GAINSBOROUGH ROAD?

1A GAINSBOROUGH ROAD is 113m² according to the EPC inspection conducted in July 2020. 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 1A GAINSBOROUGH ROAD lies on this distribution: 24% of detached houses houses are smaller than 1A GAINSBOROUGH ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Kibworth Harcourt.

1A GAINSBOROUGH ROAD: Plot and Title Map

1A GAINSBOROUGH ROAD sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 1A GAINSBOROUGH ROAD, 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 1A GAINSBOROUGH ROAD). 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 1A GAINSBOROUGH ROAD?

1A GAINSBOROUGH ROAD is located in KIBWORTH HARCOURT, in the LE8 postcode district. The below map shows the position of No. 1A on GAINSBOROUGH ROAD.