THE HIGHER HOUSE, MAIN STREET, BURTON OVERY, LEICESTER, LE8 9DL - £1,300,000

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.

THE HIGHER HOUSE is a very large extended detached house of 537m², built sometime before 1900, which could now be worth an estimated £1,477,529. It was last sold for £1,300,000 in February 2022, which was around 204% above the average February 2022 detached price in the Harborough local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was E.

THE HIGHER HOUSE Sold Prices

Land registry data shows three sales for THE HIGHER 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 THE HIGHER 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
2022 11 FEB	£1,300,000	£427,040	204% above HPI
2016 30 JUN	£940,000	£320,300	193% above HPI
2004 31 AUG	£710,000	£238,771	197% above HPI

THE HIGHER 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 THE HIGHER HOUSE sales between August 2004 and February 2022 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 June 2016 sale was for 193% above the HPI. So the extrapolation line tracks at 193% above the HPI over time, until the February 2022 sale, where it rises to 204% above the HPI. The line then continues to track at 204% above the HPI.

What might THE HIGHER HOUSE be worth now?

THE HIGHER HOUSE might now be worth an estimated £1,477,529.

This is based on house price inflation of 13.7%, between February 2022 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 13.7% inflationary increase is applied to the most recent sale price for THE HIGHER HOUSE of £1,300,000 on 11th February 2022. For the value to have increased from £1,300,000 to £1,477,529 over the three years to February 2025, the following assumptions must hold true:

• The value of THE HIGHER HOUSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The February 2022 sale price of £1,300,000 represented a fair market value for the property.
• The size, condition, and specification of THE HIGHER HOUSE has not materially changed since February 2022.

How Large is THE HIGHER HOUSE?

THE HIGHER HOUSE is 537m², which includes two extensions, according to the EPC inspection conducted in April 2009. This puts it in the largest 10% 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 THE HIGHER HOUSE lies on this distribution: More than 99% of detached houses houses are smaller than THE HIGHER HOUSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Burton Overy.

THE HIGHER HOUSE: Plot and Title Map

THE HIGHER HOUSE sits on a plot of roughly 0.712 of an acre, or 2,881m². The below map shows the location of THE HIGHER 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 THE HIGHER 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 THE HIGHER HOUSE?

THE HIGHER HOUSE is located on MAIN STREET in BURTON OVERY, in the LE8 postcode district. The below map shows the position of THE HIGHER HOUSE on MAIN STREET.