16, HARROW PLACE, LEICESTER, LE2 3AP - £345,000

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.

16 HARROW PLACE is a midsized detached house of 112m², built sometime between 2007 and 2011, which could now be worth an estimated £410,020. It was last sold for £345,000 in April 2021, which was around 4% above the average April 2021 detached price in the Leicester local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

16 HARROW PLACE Sold Prices

Land registry data shows two sales for 16 HARROW PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. Both of the two 16 HARROW PLACE 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
2021 21 APR	£345,000	£332,715	4% above HPI
2009 14 AUG	£249,950	£186,337	34% above HPI

16 HARROW PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The two 16 HARROW PLACE sales from August 2009 and April 2021 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 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the April 2021 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 16 HARROW PLACE be worth now?

16 HARROW PLACE might now be worth an estimated £410,020.

This is based on house price inflation of 18.8%, between April 2021 and April 2026, for detached houses, in the Leicester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.8% inflationary increase is applied to the most recent sale price for 16 HARROW PLACE of £345,000 on 21st April 2021. For the value to have increased from £345,000 to £410,020 over the five years to April 2026, the following assumptions must hold true:

• The value of 16 HARROW PLACE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The April 2021 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 16 HARROW PLACE has not materially changed since April 2021.

How Large is 16 HARROW PLACE?

16 HARROW PLACE is 112m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 50% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 16 HARROW PLACE lies on this distribution: 47% of detached houses houses are smaller than 16 HARROW PLACE, and 53% of houses are larger. Note that EPC data is not available for all properties in Leicester.

16 HARROW PLACE: Plot and Title Map

16 HARROW PLACE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 16 HARROW PLACE, 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 16 HARROW PLACE). 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 16 HARROW PLACE?

16 HARROW PLACE is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 16 on HARROW PLACE.