HILL COTTAGE, THE GRAVEL, BURTON OVERY, LEICESTER, LE8 9DS - £770,000

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.

HILL COTTAGE is a midsized extended detached house of 214m², built sometime before 1900, which could now be worth an estimated £987,178. It was last sold for £770,000 in July 2018, which was around 106% above the average July 2018 detached price in the Harborough local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was C.

HILL COTTAGE Sold Prices

Land registry data shows two sales for HILL COTTAGE 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. One of the two HILL COTTAGE sales was for above the average price, whilst the other was 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
2018 24 JUL	£770,000	£373,637	106% above HPI
2004 12 NOV	£235,000	£246,100	5% below HPI

HILL COTTAGE 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 HILL COTTAGE sales from November 2004 and July 2018 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 November 2004 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2018 sale, where it rises to 106% above the HPI. The line then continues to track at 106% above the HPI.

What might HILL COTTAGE be worth now?

HILL COTTAGE might now be worth an estimated £987,178.

This is based on house price inflation of 28.2%, between July 2018 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 28.2% inflationary increase is applied to the most recent sale price for HILL COTTAGE of £770,000 on 24th July 2018. For the value to have increased from £770,000 to £987,178 over the seven years and four months to March 2025, the following assumptions must hold true:

• The value of HILL COTTAGE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The July 2018 sale price of £770,000 represented a fair market value for the property.
• The size, condition, and specification of HILL COTTAGE has not materially changed since July 2018.

How Large is HILL COTTAGE?

HILL COTTAGE is 214m², which includes three extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 50% of detached houses houses in Burton Overy, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burton Overy, and where HILL COTTAGE lies on this distribution: 59% of detached houses houses are smaller than HILL COTTAGE, and 41% of houses are larger. Note that EPC data is not available for all properties in Burton Overy.

HILL COTTAGE: Plot and Title Map

HILL COTTAGE sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of HILL COTTAGE, 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 HILL COTTAGE). 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 HILL COTTAGE?

HILL COTTAGE is located on THE GRAVEL in BURTON OVERY, in the LE8 postcode district. The below map shows the position of HILL COTTAGE on THE GRAVEL.