9, WELTON CLOSE, KIBWORTH, LEICESTER, LE8 0JY - £327,000

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.

9 WELTON CLOSE is a small detached house of 113m², built sometime between 1996 and 2002, which could now be worth an estimated £516,230. It was last sold for £327,000 in September 2014, which was around 6% above the average September 2014 detached price in the Harborough local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

9 WELTON CLOSE Sold Prices

Land registry data shows four sales for 9 WELTON CLOSE 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. Most of the four 9 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
2014 30 SEP	£327,000	£307,444	6% above HPI
2013 20 DEC	£326,000	£272,362	20% above HPI
2006 19 OCT	£306,000	£264,355	16% above HPI
2003 14 NOV	£200,000	£215,498	7% below HPI

9 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 four 9 WELTON CLOSE sales between November 2003 and September 2014 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 December 2013 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the September 2014 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 9 WELTON CLOSE be worth now?

9 WELTON CLOSE might now be worth an estimated £516,230.

This is based on house price inflation of 57.9%, between September 2014 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 57.9% inflationary increase is applied to the most recent sale price for 9 WELTON CLOSE of £327,000 on 30th September 2014. For the value to have increased from £327,000 to £516,230 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 9 WELTON CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The September 2014 sale price of £327,000 represented a fair market value for the property.
• The size, condition, and specification of 9 WELTON CLOSE has not materially changed since September 2014.

How Large is 9 WELTON CLOSE?

9 WELTON CLOSE is 113m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 40% 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 9 WELTON CLOSE lies on this distribution: 36% of detached houses houses are smaller than 9 WELTON CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Kibworth Beauchamp.

9 WELTON CLOSE: Plot and Title Map

9 WELTON CLOSE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 9 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 9 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 9 WELTON CLOSE?

9 WELTON CLOSE is located in KIBWORTH, in the LE8 postcode district. The below map shows the position of No. 9 on WELTON CLOSE.