5, WELTON CLOSE, KIBWORTH, LEICESTER, LE8 0JY - £455,000

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.

5 WELTON CLOSE is a very large extended detached house of 185m², built sometime between 1996 and 2002, which could now be worth an estimated £823,464. It was last sold for £455,000 in September 2012, which was around 70% above the average September 2012 detached price in the Harborough local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

5 WELTON CLOSE Sold Prices

Land registry data shows three sales for 5 WELTON 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. All of the three 5 WELTON 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
2012 3 SEP	£455,000	£268,181	70% above HPI
2005 4 NOV	£348,000	£246,171	41% above HPI
2003 30 MAY	£249,500	£206,614	21% above HPI

5 WELTON 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 5 WELTON CLOSE sales between May 2003 and September 2012 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 November 2005 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the September 2012 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might 5 WELTON CLOSE be worth now?

5 WELTON CLOSE might now be worth an estimated £823,464.

This is based on house price inflation of 81%, between September 2012 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 81% inflationary increase is applied to the most recent sale price for 5 WELTON CLOSE of £455,000 on 3rd September 2012. For the value to have increased from £455,000 to £823,464 over the thirteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 WELTON CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The September 2012 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WELTON CLOSE has not materially changed since September 2012.

How Large is 5 WELTON CLOSE?

5 WELTON CLOSE is 185m², which includes two extensions, according to the EPC inspection conducted in May 2012. This puts it in the largest 20% of detached houses houses in Kibworth Beauchamp, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kibworth Beauchamp, and where 5 WELTON CLOSE lies on this distribution: 90% of detached houses houses are smaller than 5 WELTON CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Kibworth Beauchamp.

5 WELTON CLOSE: Plot and Title Map

5 WELTON CLOSE sits on a plot of roughly 0.176 of an acre, or 714m². The below map shows the location of 5 WELTON 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 5 WELTON 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 5 WELTON CLOSE?

5 WELTON CLOSE is located in KIBWORTH, in the LE8 postcode district. The below map shows the position of No. 5 on WELTON CLOSE.