8, BOUNDARY CLOSE, SCRAPTOFT, LEICESTER, LE7 9TR - £400,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 BOUNDARY CLOSE is a large detached house of 130m², which could now be worth an estimated £400,827. It was last sold for £400,000 in December 2024, which was around 17% below the average December 2024 detached price in the Harborough local authority area. The most recent EPC inspection was January 2015, where the current energy rating was B, and the potential energy rating was A.

8 BOUNDARY CLOSE Sold Prices

Land registry data shows three sales for 8 BOUNDARY 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. The three 8 BOUNDARY CLOSE sales were a mix of below the average price, and roughly equal to 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
2024 20 DEC	£400,000	£484,356	17% below HPI
2024 30 AUG	£450,000	£450,647	Close to HPI
2015 20 APR	£275,000	£313,963	12% below HPI

8 BOUNDARY 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 8 BOUNDARY CLOSE sales between April 2015 and December 2024 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 2024 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2024 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 8 BOUNDARY CLOSE be worth now?

8 BOUNDARY CLOSE might now be worth an estimated £400,827.

This is based on house price inflation of 0.2%, between December 2024 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 0.2% inflationary increase is applied to the most recent sale price for 8 BOUNDARY CLOSE of £400,000 on 20th December 2024. For the value to have increased from £400,000 to £400,827 over the one year and ten months to February 2025, the following assumptions must hold true:

• The value of 8 BOUNDARY CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The December 2024 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BOUNDARY CLOSE has not materially changed since December 2024.

How Large is 8 BOUNDARY CLOSE?

8 BOUNDARY CLOSE is 130m² according to the EPC inspection conducted in January 2015. This puts it in the largest 40% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 8 BOUNDARY CLOSE lies on this distribution: 64% of detached houses houses are smaller than 8 BOUNDARY CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Leicester.

8 BOUNDARY CLOSE: Plot and Title Map

8 BOUNDARY CLOSE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 8 BOUNDARY 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 8 BOUNDARY 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 8 BOUNDARY CLOSE?

8 BOUNDARY CLOSE is located in SCRAPTOFT, in the LE7 postcode district. The below map shows the position of No. 8 on BOUNDARY CLOSE.