3, HOBROOK ROAD, FLECKNEY, LEICESTER, LE8 8BT - £275,000

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.

3 HOBROOK ROAD is a small extended detached house of 87m², built sometime between 1983 and 1990, which could now be worth an estimated £339,410. It was last sold for £275,000 in December 2018, which was around 30% below the average December 2018 detached price in the Harborough local authority area. The most recent EPC inspection was June 2018, where the current energy rating was B, and the potential energy rating was B.

3 HOBROOK ROAD Sold Prices

Land registry data shows three sales for 3 HOBROOK ROAD 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. All of the three 3 HOBROOK ROAD 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
2018 7 DEC	£275,000	£393,250	30% below HPI
2015 26 JUN	£187,500	£318,300	41% below HPI
2004 19 MAR	£172,500	£228,473	24% below HPI

3 HOBROOK ROAD 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 3 HOBROOK ROAD sales between March 2004 and December 2018 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 2015 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2018 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 3 HOBROOK ROAD be worth now?

3 HOBROOK ROAD might now be worth an estimated £339,410.

This is based on house price inflation of 23.4%, between December 2018 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 23.4% inflationary increase is applied to the most recent sale price for 3 HOBROOK ROAD of £275,000 on 7th December 2018. For the value to have increased from £275,000 to £339,410 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 HOBROOK ROAD has moved in line with the HPI for detached houses in the Harborough local authority area.
• The December 2018 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HOBROOK ROAD has not materially changed since December 2018.

How Large is 3 HOBROOK ROAD?

3 HOBROOK ROAD is 87m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% 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 3 HOBROOK ROAD lies on this distribution: 21% of detached houses houses are smaller than 3 HOBROOK ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Fleckney.

3 HOBROOK ROAD: Plot and Title Map

3 HOBROOK ROAD sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 3 HOBROOK ROAD, 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 3 HOBROOK ROAD). 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 3 HOBROOK ROAD?

3 HOBROOK ROAD is located in FLECKNEY, in the LE8 postcode district. The below map shows the position of No. 3 on HOBROOK ROAD.