2, THE LEA, KIBWORTH, LEICESTER, LE8 0SE - £315,000

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 THE LEA is a small extended detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £468,391. It was last sold for £315,000 in March 2016, which was around 3% below the average March 2016 detached price in the Harborough local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

2 THE LEA Sold Prices

Land registry data shows four sales for 2 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. two of the four 2 THE LEA sales were for below the average price, and four 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
2016 10 MAR	£315,000	£326,410	3% below HPI
2005 11 OCT	£275,000	£250,353	10% above HPI
2001 7 JUN	£165,500	£141,294	17% above HPI
1999 17 SEP	£108,000	£114,111	5% below HPI

2 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 2 THE LEA sales between September 1999 and March 2016 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 2005 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2016 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 2 THE LEA be worth now?

2 THE LEA might now be worth an estimated £468,391.

This is based on house price inflation of 48.7%, between March 2016 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 48.7% inflationary increase is applied to the most recent sale price for 2 THE LEA of £315,000 on 10th March 2016. For the value to have increased from £315,000 to £468,391 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 2 THE LEA has moved in line with the HPI for detached houses in the Harborough local authority area.
• The March 2016 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE LEA has not materially changed since March 2016.

How Large is 2 THE LEA?

2 THE LEA is 120m², which includes three extensions, according to the EPC inspection conducted in May 2015. 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 2 THE LEA lies on this distribution: 30% of detached houses houses are smaller than 2 THE LEA, and 70% of houses are larger. Note that EPC data is not available for all properties in Kibworth Harcourt.

2 THE LEA: Plot and Title Map

2 THE LEA sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 2 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 2 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 2 THE LEA?

2 THE LEA is located in KIBWORTH, in the LE8 postcode district. The below map shows the position of No. 2 on THE LEA.