SPINNEY CLOSE, MAIN STREET, KIBWORTH HARCOURT, LEICESTER, LE8 0NQ - £695,000

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

SPINNEY CLOSE is a very large extended detached house of 361m², built sometime before 1900, which could now be worth an estimated £1,259,233. It was last sold for £695,000 in October 2013, which was around 156% above the average October 2013 detached price in the Harborough local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

SPINNEY CLOSE Sold Prices

Land registry data shows two sales for SPINNEY CLOSE 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 SPINNEY 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
2013 25 OCT	£695,000	£272,012	156% above HPI
2000 3 MAY	£320,000	£122,231	162% above HPI

SPINNEY 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 two SPINNEY CLOSE sales from May 2000 and October 2013 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 May 2000 sale was for 162% above the HPI. So the extrapolation line tracks at 162% above the HPI over time, until the October 2013 sale, where it falls to 156% above the HPI. The line then continues to track at 156% above the HPI.

What might SPINNEY CLOSE be worth now?

SPINNEY CLOSE might now be worth an estimated £1,259,233.

This is based on house price inflation of 81.2%, between October 2013 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 81.2% inflationary increase is applied to the most recent sale price for SPINNEY CLOSE of £695,000 on 25th October 2013. For the value to have increased from £695,000 to £1,259,233 over the ten years and ten months to December 2024, the following assumptions must hold true:

• The value of SPINNEY CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The October 2013 sale price of £695,000 represented a fair market value for the property.
• The size, condition, and specification of SPINNEY CLOSE has not materially changed since October 2013.

How Large is SPINNEY CLOSE?

SPINNEY CLOSE is 361m², which includes two extensions, according to the EPC inspection conducted in June 2013. This puts it in the largest 10% 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 SPINNEY CLOSE lies on this distribution: 99% of detached houses houses are smaller than SPINNEY CLOSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Kibworth Harcourt.

SPINNEY CLOSE: Plot and Title Map

SPINNEY CLOSE sits on a plot of roughly 0.409 of an acre, or 1,657m². The below map shows the location of SPINNEY 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 SPINNEY 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 SPINNEY CLOSE?

SPINNEY CLOSE is located on MAIN STREET in KIBWORTH HARCOURT, in the LE8 postcode district. The below map shows the position of SPINNEY CLOSE on MAIN STREET.