8, THE CEDARS, BUSHBY, LEICESTER, LE7 9RZ - £390,000

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 THE CEDARS is a very large detached house of 159m², built sometime between 1996 and 2002, which could now be worth an estimated £579,912. It was last sold for £390,000 in March 2016, which was around 19% above the average March 2016 detached price in the Harborough local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

8 THE CEDARS Sold Prices

Land registry data shows two sales for 8 THE CEDARS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. Both of the two 8 THE CEDARS 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
2016 24 MAR	£390,000	£326,410	19% above HPI
2007 7 JUN	£399,950	£277,691	44% above HPI

8 THE CEDARS 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 two 8 THE CEDARS sales from June 2007 and March 2016 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 2007 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the March 2016 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 8 THE CEDARS be worth now?

8 THE CEDARS might now be worth an estimated £579,912.

This is based on house price inflation of 48.7%, between March 2016 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 48.7% inflationary increase is applied to the most recent sale price for 8 THE CEDARS of £390,000 on 24th March 2016. For the value to have increased from £390,000 to £579,912 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 8 THE CEDARS has moved in line with the HPI for detached houses in the Harborough local authority area.
• The March 2016 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE CEDARS has not materially changed since March 2016.

How Large is 8 THE CEDARS?

8 THE CEDARS is 159m² according to the EPC inspection conducted in June 2013. This puts it in the largest 20% 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 THE CEDARS lies on this distribution: 81% of detached houses houses are smaller than 8 THE CEDARS, and 19% of houses are larger. Note that EPC data is not available for all properties in Leicester.

8 THE CEDARS: Plot and Title Map

8 THE CEDARS sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 8 THE CEDARS, 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 THE CEDARS). 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 THE CEDARS?

8 THE CEDARS is located in BUSHBY, in the LE7 postcode district. The below map shows the position of No. 8 on THE CEDARS.