2, THE MEER, FLECKNEY, LEICESTER, LE8 8UN - £245,000

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 MEER is a large detached house of 119m², built sometime between 1991 and 1995, which could now be worth an estimated £489,378. It was last sold for £245,000 in September 2009, which was around 1% above the average September 2009 detached price in the Harborough local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

2 THE MEER Sold Prices

Land registry data shows two sales for 2 THE MEER 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. One of the two 2 THE MEER sales was for above the average price, whilst the other was for below 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
2009 1 SEP	£245,000	£242,987	1% above HPI
2006 3 FEB	£233,000	£249,096	6% below HPI

2 THE MEER 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 THE MEER sales from February 2006 and September 2009 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 February 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2009 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 2 THE MEER be worth now?

2 THE MEER might now be worth an estimated £489,378.

This is based on house price inflation of 99.7%, between September 2009 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 99.7% inflationary increase is applied to the most recent sale price for 2 THE MEER of £245,000 on 1st September 2009. For the value to have increased from £245,000 to £489,378 over the sixteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 THE MEER has moved in line with the HPI for detached houses in the Harborough local authority area.
• The September 2009 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE MEER has not materially changed since September 2009.

How Large is 2 THE MEER?

2 THE MEER is 119m² according to the EPC inspection conducted in September 2015. This puts it in the largest 40% of detached houses houses in Fleckney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fleckney, and where 2 THE MEER lies on this distribution: 68% of detached houses houses are smaller than 2 THE MEER, and 30% of houses are larger. Note that EPC data is not available for all properties in Fleckney.

2 THE MEER: Plot and Title Map

2 THE MEER sits on a plot of roughly 0.145 of an acre, or 587m². The below map shows the location of 2 THE MEER, 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 MEER). 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 MEER?

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