2, WEARE CLOSE, BILLESDON, LEICESTER, LE7 9DY - £685,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 WEARE CLOSE is a very large detached house of 244m², built sometime between 2003 and 2006. It was last sold for £685,000 in June 2021, which was around 62% above the average June 2021 detached price in the Harborough local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

2 WEARE CLOSE Sold Prices

Land registry data shows two sales for 2 WEARE CLOSE 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 WEARE CLOSE 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
2021 25 JUN	£685,000	£424,145	62% above HPI
2005 31 JAN	£489,950	£250,927	95% above HPI

2 WEARE CLOSE 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 WEARE CLOSE sales from January 2005 and June 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 January 2005 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the June 2021 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is 2 WEARE CLOSE?

2 WEARE CLOSE is 244m² according to the EPC inspection conducted in July 2018. This puts it in the largest 10% of detached houses in Billesdon, based on EPC data. The below chart shows the distribution of detached houses by size in Billesdon, and where 2 WEARE CLOSE lies on this distribution: 90% of detached houses are smaller than 2 WEARE CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Billesdon.

2 WEARE CLOSE: Plot and Title Map

2 WEARE CLOSE sits on a plot of roughly 0.174 of an acre, or 705m². The below map shows the location of 2 WEARE CLOSE, 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 WEARE CLOSE). 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 WEARE CLOSE?

2 WEARE CLOSE is located in BILLESDON, in the LE7 postcode district. The below map shows the position of No. 2 on WEARE CLOSE.