15, WESTERBY LANE, SMEETON WESTERBY, LEICESTER, LE8 0RA - £371,000

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.

15 WESTERBY LANE is a midsized extended terraced house of 139m², built sometime before 1900, which could now be worth an estimated £546,769. It was last sold for £371,000 in June 2015, which was around 123% above the average June 2015 terraced price in the Harborough local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

15 WESTERBY LANE Sold Prices

Land registry data shows four sales for 15 WESTERBY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Harborough local authority area for the corresponding sale date. All of the four 15 WESTERBY LANE 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
2015 12 JUN	£371,000	£166,652	123% above HPI
2009 13 AUG	£246,000	£128,312	92% above HPI
2005 26 MAY	£225,000	£130,804	72% above HPI
2003 30 MAY	£215,000	£102,389	110% above HPI

15 WESTERBY LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Harborough local authority area over time, sourced from the HPI. The four 15 WESTERBY LANE sales between May 2003 and June 2015 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 2009 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the June 2015 sale, where it rises to 123% above the HPI. The line then continues to track at 123% above the HPI.

What might 15 WESTERBY LANE be worth now?

15 WESTERBY LANE might now be worth an estimated £546,769.

This is based on house price inflation of 47.4%, between June 2015 and June 2025, for terraced 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 47.4% inflationary increase is applied to the most recent sale price for 15 WESTERBY LANE of £371,000 on 12th June 2015. For the value to have increased from £371,000 to £546,769 over the ten years to June 2025, the following assumptions must hold true:

• The value of 15 WESTERBY LANE has moved in line with the HPI for terraced houses in the Harborough local authority area.
• The June 2015 sale price of £371,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WESTERBY LANE has not materially changed since June 2015.

How Large is 15 WESTERBY LANE?

15 WESTERBY LANE is 139m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 50% of terraced houses houses in Smeeton Westerby, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Smeeton Westerby, and where 15 WESTERBY LANE lies on this distribution: 57% of terraced houses houses are smaller than 15 WESTERBY LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Smeeton Westerby.

15 WESTERBY LANE: Plot and Title Map

15 WESTERBY LANE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 15 WESTERBY LANE, 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 15 WESTERBY LANE). 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 15 WESTERBY LANE?

15 WESTERBY LANE is located in SMEETON WESTERBY, in the LE8 postcode district. The below map shows the position of No. 15 on WESTERBY LANE.