27, WEARE CLOSE, BILLESDON, LEICESTER, LE7 9DY - £415,000

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

27 WEARE CLOSE is a small detached house of 120m², built sometime between 2003 and 2006. It was last sold for £415,000 in October 2023, which was around 11% below the average October 2023 detached price in the Harborough local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

27 WEARE CLOSE Sold Prices

Land registry data shows three sales for 27 WEARE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. Two of the three 27 WEARE CLOSE sales were for below the average price, whilst one was 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
2023 23 OCT	£415,000	£464,761	11% below HPI
2016 6 JUN	£330,000	£333,254	1% below HPI
2005 30 MAR	£288,950	£250,960	15% above HPI

27 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 three 27 WEARE CLOSE sales between March 2005 and October 2023 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 June 2016 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2023 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 27 WEARE CLOSE?

27 WEARE CLOSE is 120m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 40% of detached houses in Billesdon, based on EPC data. The below chart shows the distribution of detached houses by size in Billesdon, and where 27 WEARE CLOSE lies on this distribution: 31% of detached houses are smaller than 27 WEARE CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Billesdon.

27 WEARE CLOSE: Plot and Title Map

27 WEARE CLOSE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 27 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 27 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 27 WEARE CLOSE?

27 WEARE CLOSE is located in BILLESDON, in the LE7 postcode district. The below map shows the position of No. 27 on WEARE CLOSE.