THE PADDOCKS, MAIN STREET, BURTON OVERY, LEICESTER, LE8 9DL - £2,000,000

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.

THE PADDOCKS is a large extended semi-detached house of 278m², built sometime before 1900, which could now be worth an estimated £2,381,995. It was last sold for £2,000,000 in September 2020, which was around 680% above the average September 2020 semi-detached price in the Harborough local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

THE PADDOCKS Sold Prices

Land registry data shows two sales for THE PADDOCKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Harborough local authority area for the corresponding sale date. Both of the two THE PADDOCKS 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
2020 16 SEP	£2,000,000	£256,548	680% above HPI
1999 26 NOV	£385,000	£66,252	481% above HPI

THE PADDOCKS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Harborough local authority area over time, sourced from the HPI. The two THE PADDOCKS sales from November 1999 and September 2020 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 November 1999 sale was for 481% above the HPI. So the extrapolation line tracks at 481% above the HPI over time, until the September 2020 sale, where it rises to 680% above the HPI. The line then continues to track at 680% above the HPI.

What might THE PADDOCKS be worth now?

THE PADDOCKS might now be worth an estimated £2,381,995.

This is based on house price inflation of 19.1%, between September 2020 and February 2025, for semi-detached 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 19.1% inflationary increase is applied to the most recent sale price for THE PADDOCKS of £2,000,000 on 16th September 2020. For the value to have increased from £2,000,000 to £2,381,995 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of THE PADDOCKS has moved in line with the HPI for semi-detached houses in the Harborough local authority area.
• The September 2020 sale price of £2,000,000 represented a fair market value for the property.
• The size, condition, and specification of THE PADDOCKS has not materially changed since September 2020.

How Large is THE PADDOCKS?

THE PADDOCKS is 278m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 30% of semi-detached houses houses in Burton Overy, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Burton Overy, and where THE PADDOCKS lies on this distribution: 75% of semi-detached houses houses are smaller than THE PADDOCKS, and 25% of houses are larger. Note that EPC data is not available for all properties in Burton Overy.

THE PADDOCKS: Plot and Title Map

THE PADDOCKS sits on a plot of roughly 1.0 acres, or 4,236m². The below map shows the location of THE PADDOCKS, 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 THE PADDOCKS). 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 THE PADDOCKS?

THE PADDOCKS is located on MAIN STREET in BURTON OVERY, in the LE8 postcode district. The below map shows the position of THE PADDOCKS on MAIN STREET.