3, SHOULBARD, FLECKNEY, LEICESTER, LE8 8TX - £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.

3 SHOULBARD is a small extended detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £292,027. It was last sold for £245,000 in February 2021, which was around 40% below the average February 2021 detached price in the Harborough local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

3 SHOULBARD Sold Prices

Land registry data shows three sales for 3 SHOULBARD 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 SHOULBARD 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 12 FEB	£245,000	£407,197	40% below HPI
2000 25 AUG	£79,000	£128,716	39% below HPI
1995 17 MAR	£58,500	£86,811	33% below HPI

3 SHOULBARD 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 SHOULBARD sales between March 1995 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 August 2000 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 3 SHOULBARD be worth now?

3 SHOULBARD might now be worth an estimated £292,027.

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 3 SHOULBARD of £245,000 on 12th February 2021. For the value to have increased from £245,000 to £292,027 over the four years to February 2025, the following assumptions must hold true:

• The value of 3 SHOULBARD has moved in line with the HPI for detached houses in the Harborough local authority area.
• The February 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SHOULBARD has not materially changed since February 2021.

How Large is 3 SHOULBARD?

3 SHOULBARD is 98m², which includes two extensions, according to the EPC inspection conducted in February 2019. 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 3 SHOULBARD lies on this distribution: 38% of detached houses houses are smaller than 3 SHOULBARD, and 60% of houses are larger. Note that EPC data is not available for all properties in Fleckney.

3 SHOULBARD: Plot and Title Map

3 SHOULBARD sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 3 SHOULBARD, 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 SHOULBARD). 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 SHOULBARD?

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