1, AZALEA CLOSE, LUTTERWORTH, LE17 4FR - £245,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 AZALEA CLOSE is a small extended detached house of 101m², built sometime between 1996 and 2002. It was last sold for £245,000 in April 2014, which was around 18% below the average April 2014 detached price in the Harborough local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

1 AZALEA CLOSE Sold Prices

Land registry data shows three sales for 1 AZALEA CLOSE 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 1 AZALEA CLOSE 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
2014 15 APR	£245,000	£300,299	18% below HPI
2005 4 JUL	£230,000	£265,014	13% below HPI
1999 15 OCT	£114,950	£118,359	3% below HPI

1 AZALEA CLOSE 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 1 AZALEA CLOSE sales between October 1999 and April 2014 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 July 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 1 AZALEA CLOSE?

1 AZALEA CLOSE is 101m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 40% of detached houses in Lutterworth, based on EPC data. The below chart shows the distribution of detached houses by size in Lutterworth, and where 1 AZALEA CLOSE lies on this distribution: 31% of detached houses are smaller than 1 AZALEA CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

1 AZALEA CLOSE: Plot and Title Map

1 AZALEA CLOSE sits on a plot of roughly 0.072 of an acre, or 289m². The below map shows the location of 1 AZALEA CLOSE, 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 1 AZALEA CLOSE). 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 1 AZALEA CLOSE?

1 AZALEA CLOSE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 1 on AZALEA CLOSE.