9, MERTON WAY, KIBWORTH HARCOURT, LEICESTER, LE8 0NU - £530,000

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

9 MERTON WAY is a midsized extended detached house of 130m², built sometime between 1967 and 1975, which could now be worth an estimated £579,789. It was last sold for £530,000 in September 2023, which was around 18% above the average September 2023 detached price in the Harborough local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

9 MERTON WAY Sold Prices

Land registry data shows two sales for 9 MERTON WAY 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 9 MERTON WAY 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
2023 8 SEP	£530,000	£450,521	18% above HPI
1995 3 FEB	£105,000	£90,219	16% above HPI

9 MERTON WAY 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 9 MERTON WAY sales from February 1995 and September 2023 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 February 1995 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the September 2023 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 9 MERTON WAY be worth now?

9 MERTON WAY might now be worth an estimated £579,789.

This is based on house price inflation of 9.4%, between September 2023 and December 2024, 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 9.4% inflationary increase is applied to the most recent sale price for 9 MERTON WAY of £530,000 on 8th September 2023. For the value to have increased from £530,000 to £579,789 over the nine months to December 2024, the following assumptions must hold true:

• The value of 9 MERTON WAY has moved in line with the HPI for detached houses in the Harborough local authority area.
• The September 2023 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MERTON WAY has not materially changed since September 2023.

How Large is 9 MERTON WAY?

9 MERTON WAY is 130m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 50% 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 9 MERTON WAY lies on this distribution: 42% of detached houses houses are smaller than 9 MERTON WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Kibworth Harcourt.

9 MERTON WAY: Plot and Title Map

9 MERTON WAY sits on a plot of roughly 0.177 of an acre, or 718m². The below map shows the location of 9 MERTON WAY, 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 9 MERTON WAY). 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 9 MERTON WAY?

9 MERTON WAY is located in KIBWORTH HARCOURT, in the LE8 postcode district. The below map shows the position of No. 9 on MERTON WAY.