16, MERTON WAY, KIBWORTH HARCOURT, LEICESTER, LE8 0NU - £435,000

16 MERTON WAY is a very small extended property of 100m², built sometime between 1967 and 1975. It was last sold for £435,000 in August 2023, which was around 16% below the average August 2023 detached price in the Harborough local authority area. The most recent EPC inspection was January 2023, where the current energy rating was E, and the potential energy rating was C.

16 MERTON WAY Sold Prices

Land registry data shows three sales for 16 MERTON WAY 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. One of the three 16 MERTON WAY sales was for below the average price, whilst two 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
2023 1 AUG	£435,000	£519,460	16% below HPI
2007 24 JAN	£325,000	£275,668	18% above HPI
1997 4 APR	£103,000	£94,364	9% above HPI

16 MERTON 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 three 16 MERTON WAY sales between April 1997 and August 2023 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 January 2007 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 16 MERTON WAY?

16 MERTON WAY is 100m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 20% of detached houses in Kibworth Harcourt, based on EPC data. The below chart shows the distribution of detached houses by size in Kibworth Harcourt, and where 16 MERTON WAY lies on this distribution: 18% of detached houses are smaller than 16 MERTON WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Kibworth Harcourt.

16 MERTON WAY: Plot and Title Map

16 MERTON WAY sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 16 MERTON 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 16 MERTON 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 16 MERTON WAY?

16 MERTON WAY is located in KIBWORTH HARCOURT, in the LE8 postcode district. The below map shows the position of No. 16 on MERTON WAY.