3, THE LEA, KIBWORTH, LEICESTER, LE8 0SE - £195,000

3 THE LEA is a very small detached house of 90m², built sometime between 1967 and 1975. It was last sold for £195,000 in November 2009, which was around 26% below the average November 2009 detached price in the Harborough local authority area. The most recent EPC inspection was September 2009, where the current energy rating was F, and the potential energy rating was C.

3 THE LEA Sold Prices

Land registry data shows three sales for 3 THE LEA 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 3 THE LEA 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
2009 27 NOV	£195,000	£262,077	26% below HPI
2007 22 JUN	£217,500	£288,921	25% below HPI
1997 28 MAY	£74,000	£98,363	25% below HPI

3 THE LEA 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 3 THE LEA sales between May 1997 and November 2009 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 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2009 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 3 THE LEA?

3 THE LEA is 90m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% 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 3 THE LEA lies on this distribution: 9% of detached houses are smaller than 3 THE LEA, and 91% of houses are larger. Note that EPC data is not available for all properties in Kibworth Harcourt.

3 THE LEA: Plot and Title Map

3 THE LEA sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 3 THE LEA, 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 3 THE LEA). 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 3 THE LEA?

3 THE LEA is located in KIBWORTH, in the LE8 postcode district. The below map shows the position of No. 3 on THE LEA.