8, SCHOOL STREET, FLECKNEY, LEICESTER, LE8 8AS - £156,000

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.

8 SCHOOL STREET is a very small terraced house of 82m², built sometime before 1900, which could now be worth an estimated £234,028. It was last sold for £156,000 in June 2016, which was around 6% below the average June 2016 terraced price in the Harborough local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

8 SCHOOL STREET Sold Prices

Land registry data shows two sales for 8 SCHOOL STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Harborough local authority area for the corresponding sale date. Both of the two 8 SCHOOL STREET 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
2016 24 JUN	£156,000	£166,781	6% below HPI
2014 11 APR	£100,000	£151,518	34% below HPI

8 SCHOOL STREET 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 two 8 SCHOOL STREET sales from April 2014 and June 2016 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 April 2014 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2016 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 8 SCHOOL STREET be worth now?

8 SCHOOL STREET might now be worth an estimated £234,028.

This is based on house price inflation of 50%, between June 2016 and May 2026, 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 50% inflationary increase is applied to the most recent sale price for 8 SCHOOL STREET of £156,000 on 24th June 2016. For the value to have increased from £156,000 to £234,028 over the ten years and one month to May 2026, the following assumptions must hold true:

• The value of 8 SCHOOL STREET has moved in line with the HPI for terraced houses in the Harborough local authority area.
• The June 2016 sale price of £156,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SCHOOL STREET has not materially changed since June 2016.

How Large is 8 SCHOOL STREET?

8 SCHOOL STREET is 82m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of terraced houses houses in Fleckney, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Fleckney, and where 8 SCHOOL STREET lies on this distribution: 15% of terraced houses houses are smaller than 8 SCHOOL STREET, and 84% of houses are larger. Note that EPC data is not available for all properties in Fleckney.

8 SCHOOL STREET: Plot and Title Map

8 SCHOOL STREET sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 8 SCHOOL STREET, 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 8 SCHOOL STREET). 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 8 SCHOOL STREET?

8 SCHOOL STREET is located in FLECKNEY, in the LE8 postcode district. The below map shows the position of No. 8 on SCHOOL STREET.