8, POLWELL ROAD, KIBWORTH HARCOURT, LEICESTER, LE8 0RW - £270,000

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.

8 POLWELL ROAD is a small detached house of 108m², built sometime between 2007 and 2011, which could now be worth an estimated £299,144. It was last sold for £270,000 in March 2022, which was around 38% below the average March 2022 detached price in the Harborough local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

8 POLWELL ROAD Sold Prices

Land registry data shows four sales for 8 POLWELL ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the four 8 POLWELL 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
2022 18 MAR	£270,000	£432,352	38% below HPI
2021 24 SEP	£260,000	£408,330	36% below HPI
2016 17 NOV	£225,000	£340,518	34% below HPI
2011 30 JUN	£200,000	£268,895	26% below HPI

8 POLWELL 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 four 8 POLWELL ROAD sales between June 2011 and March 2022 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 September 2021 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2022 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 8 POLWELL ROAD be worth now?

8 POLWELL ROAD might now be worth an estimated £299,144.

This is based on house price inflation of 10.8%, between March 2022 and March 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 10.8% inflationary increase is applied to the most recent sale price for 8 POLWELL ROAD of £270,000 on 18th March 2022. For the value to have increased from £270,000 to £299,144 over the three years to March 2025, the following assumptions must hold true:

• The value of 8 POLWELL ROAD has moved in line with the HPI for detached houses in the Harborough local authority area.
• The March 2022 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 8 POLWELL ROAD has not materially changed since March 2022.

How Large is 8 POLWELL ROAD?

8 POLWELL ROAD is 108m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 30% of detached houses houses in Kibworth Harcourt, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kibworth Harcourt, and where 8 POLWELL ROAD lies on this distribution: 22% of detached houses houses are smaller than 8 POLWELL ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Kibworth Harcourt.

8 POLWELL ROAD: Plot and Title Map

8 POLWELL ROAD sits on a plot of roughly 0.032 of an acre, or 128m². The below map shows the location of 8 POLWELL 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 8 POLWELL 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 8 POLWELL ROAD?

8 POLWELL ROAD is located in KIBWORTH HARCOURT, in the LE8 postcode district. The below map shows the position of No. 8 on POLWELL ROAD.