2, BAILEYS LANE, BURTON OVERY, LEICESTER, LE8 9DD - £603,000

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.

2 BAILEYS LANE is a small extended detached house of 132m², built sometime between 1950 and 1966, which could now be worth an estimated £653,436. It was last sold for £603,000 in September 2022, which was around 35% above the average September 2022 detached price in the Harborough local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

2 BAILEYS LANE Sold Prices

Land registry data shows two sales for 2 BAILEYS LANE 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 2 BAILEYS LANE 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
2022 6 SEP	£603,000	£447,894	35% above HPI
2012 10 AUG	£380,000	£266,562	43% above HPI

2 BAILEYS LANE 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 2 BAILEYS LANE sales from August 2012 and September 2022 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 August 2012 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the September 2022 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 2 BAILEYS LANE be worth now?

2 BAILEYS LANE might now be worth an estimated £653,436.

This is based on house price inflation of 8.4%, between September 2022 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 8.4% inflationary increase is applied to the most recent sale price for 2 BAILEYS LANE of £603,000 on 6th September 2022. For the value to have increased from £603,000 to £653,436 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 BAILEYS LANE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The September 2022 sale price of £603,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BAILEYS LANE has not materially changed since September 2022.

How Large is 2 BAILEYS LANE?

2 BAILEYS LANE is 132m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses houses in Burton Overy, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burton Overy, and where 2 BAILEYS LANE lies on this distribution: 22% of detached houses houses are smaller than 2 BAILEYS LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Burton Overy.

2 BAILEYS LANE: Plot and Title Map

2 BAILEYS LANE sits on a plot of roughly 0.352 of an acre, or 1,426m². The below map shows the location of 2 BAILEYS LANE, 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 2 BAILEYS LANE). 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 2 BAILEYS LANE?

2 BAILEYS LANE is located in BURTON OVERY, in the LE8 postcode district. The below map shows the position of No. 2 on BAILEYS LANE.