SMETHETON HOUSE, 11A, MILL LANE, SMEETON WESTERBY, LEICESTER, LE8 0QL - £460,000

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.

SMETHETON HOUSE is a midsized detached house of 129m², built sometime between 1991 and 1995, which could now be worth an estimated £578,717. It was last sold for £460,000 in April 2019, which was around 19% above the average April 2019 detached price in the Harborough local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

SMETHETON HOUSE Sold Prices

Land registry data shows three sales for SMETHETON HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the three SMETHETON HOUSE 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
2019 18 APR	£460,000	£385,792	19% above HPI
2003 19 DEC	£292,500	£214,581	36% above HPI
1997 22 AUG	£144,000	£97,125	48% above HPI

SMETHETON HOUSE 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 three SMETHETON HOUSE sales between August 1997 and April 2019 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 2003 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the April 2019 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might SMETHETON HOUSE be worth now?

SMETHETON HOUSE might now be worth an estimated £578,717.

This is based on house price inflation of 25.8%, between April 2019 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 25.8% inflationary increase is applied to the most recent sale price for SMETHETON HOUSE of £460,000 on 18th April 2019. For the value to have increased from £460,000 to £578,717 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of SMETHETON HOUSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The April 2019 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of SMETHETON HOUSE has not materially changed since April 2019.

How Large is SMETHETON HOUSE?

SMETHETON HOUSE is 129m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 50% of detached houses houses in Smeeton Westerby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Smeeton Westerby, and where SMETHETON HOUSE lies on this distribution: 43% of detached houses houses are smaller than SMETHETON HOUSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Smeeton Westerby.

SMETHETON HOUSE: Plot and Title Map

SMETHETON HOUSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of SMETHETON HOUSE, 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 SMETHETON HOUSE). 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 SMETHETON HOUSE?

SMETHETON HOUSE is located on MILL LANE in SMEETON WESTERBY, in the LE8 postcode district. The below map shows the position of SMETHETON HOUSE on MILL LANE.