22, THE WRANGLANDS, FLECKNEY, LEICESTER, LE8 8TW - £272,500

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.

22 THE WRANGLANDS is a small extended detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £324,805. It was last sold for £272,500 in February 2021, which was around 33% below the average February 2021 detached price in the Harborough local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

22 THE WRANGLANDS Sold Prices

Land registry data shows two sales for 22 THE WRANGLANDS 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 22 THE WRANGLANDS sales were 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
2021 2 FEB	£272,500	£407,197	33% below HPI
2008 4 JAN	£185,000	£285,112	35% below HPI

22 THE WRANGLANDS 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 22 THE WRANGLANDS sales from January 2008 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 January 2008 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2021 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 22 THE WRANGLANDS be worth now?

22 THE WRANGLANDS might now be worth an estimated £324,805.

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 22 THE WRANGLANDS of £272,500 on 2nd February 2021. For the value to have increased from £272,500 to £324,805 over the four years to February 2025, the following assumptions must hold true:

• The value of 22 THE WRANGLANDS has moved in line with the HPI for detached houses in the Harborough local authority area.
• The February 2021 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of 22 THE WRANGLANDS has not materially changed since February 2021.

How Large is 22 THE WRANGLANDS?

22 THE WRANGLANDS is 98m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 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 22 THE WRANGLANDS lies on this distribution: 38% of detached houses houses are smaller than 22 THE WRANGLANDS, and 60% of houses are larger. Note that EPC data is not available for all properties in Fleckney.

22 THE WRANGLANDS: Plot and Title Map

22 THE WRANGLANDS sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 22 THE WRANGLANDS, 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 22 THE WRANGLANDS). 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 22 THE WRANGLANDS?

22 THE WRANGLANDS is located in FLECKNEY, in the LE8 postcode district. The below map shows the position of No. 22 on THE WRANGLANDS.