1, CROMWELL CLOSE, WALCOTE, LUTTERWORTH, LE17 4JJ - £243,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 CROMWELL CLOSE is a very large detached house of 230m², built sometime between 1950 and 1966, which could now be worth an estimated £578,245. It was last sold for £243,000 in June 2003, which was around 19% above the average June 2003 detached price in the Harborough local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

1 CROMWELL CLOSE Sold Prices

Land registry data shows two sales for 1 CROMWELL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. Both of the two 1 CROMWELL CLOSE 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
2003 27 JUN	£243,000	£203,965	19% above HPI
1999 11 JUN	£135,000	£111,849	21% above HPI

1 CROMWELL 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 two 1 CROMWELL CLOSE sales from June 1999 and June 2003 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 1999 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the June 2003 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 1 CROMWELL CLOSE be worth now?

1 CROMWELL CLOSE might now be worth an estimated £578,245.

This is based on house price inflation of 138%, between June 2003 and February 2025, for 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 138% inflationary increase is applied to the most recent sale price for 1 CROMWELL CLOSE of £243,000 on 27th June 2003. For the value to have increased from £243,000 to £578,245 over the 22 years and four months to February 2025, the following assumptions must hold true:

• The value of 1 CROMWELL CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The June 2003 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CROMWELL CLOSE has not materially changed since June 2003.

How Large is 1 CROMWELL CLOSE?

1 CROMWELL CLOSE is 230m² according to the EPC inspection conducted in October 2014. This puts it in the largest 10% of detached houses houses in Walcote, based on EPC data. The below chart shows the distribution of detached houses houses by size in Walcote, and where 1 CROMWELL CLOSE lies on this distribution: 88% of detached houses houses are smaller than 1 CROMWELL CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Walcote.

1 CROMWELL CLOSE: Plot and Title Map

1 CROMWELL CLOSE sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of 1 CROMWELL 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 CROMWELL 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 CROMWELL CLOSE?

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