12, BURTON WAY, FLECKNEY, LEICESTER, LE8 8DW - £370,000

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.

12 BURTON WAY is a very large detached house of 138m², built in 2015, which could now be worth an estimated £447,158. It was last sold for £370,000 in May 2020, which was around 6% below the average May 2020 detached price in the Harborough local authority area. The most recent EPC inspection was March 2017, where the current energy rating was B, and the potential energy rating was A.

12 BURTON WAY Sold Prices

Land registry data shows two sales for 12 BURTON WAY 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 12 BURTON WAY sales were 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
2020 29 MAY	£370,000	£395,355	6% below HPI
2017 31 AUG	£320,000	£352,982	9% below HPI

12 BURTON WAY 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 12 BURTON WAY sales from August 2017 and May 2020 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 August 2017 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2020 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 12 BURTON WAY be worth now?

12 BURTON WAY might now be worth an estimated £447,158.

This is based on house price inflation of 20.9%, between May 2020 and May 2026, 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 20.9% inflationary increase is applied to the most recent sale price for 12 BURTON WAY of £370,000 on 29th May 2020. For the value to have increased from £370,000 to £447,158 over the six years to May 2026, the following assumptions must hold true:

• The value of 12 BURTON WAY has moved in line with the HPI for detached houses in the Harborough local authority area.
• The May 2020 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 12 BURTON WAY has not materially changed since May 2020.

How Large is 12 BURTON WAY?

12 BURTON WAY is 138m² according to the EPC inspection conducted in March 2017. This puts it in the largest 20% of detached houses houses in Fleckney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fleckney, and where 12 BURTON WAY lies on this distribution: 83% of detached houses houses are smaller than 12 BURTON WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Fleckney.

12 BURTON WAY: Plot and Title Map

12 BURTON WAY sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 12 BURTON WAY, 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 12 BURTON WAY). 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 12 BURTON WAY?

12 BURTON WAY is located in FLECKNEY, in the LE8 postcode district. The below map shows the position of No. 12 on BURTON WAY.