1, RUSHES LANE, LUBENHAM, MARKET HARBOROUGH, LE16 9TN - £292,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 RUSHES LANE is a very small extended detached house of 99m², built sometime between 1983 and 1990. It was last sold for £292,000 in November 2019, which was around 29% below the average November 2019 detached price in the Harborough local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

1 RUSHES LANE Sold Prices

Land registry data shows three sales for 1 RUSHES LANE 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 RUSHES LANE 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
2019 1 NOV	£292,000	£410,099	29% below HPI
2009 28 OCT	£218,000	£255,831	15% below HPI
2003 14 FEB	£175,000	£200,502	13% below HPI

1 RUSHES LANE 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 RUSHES LANE sales between February 2003 and November 2019 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 October 2009 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2019 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 1 RUSHES LANE?

1 RUSHES LANE is 99m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% of detached houses in Lubenham, based on EPC data. The below chart shows the distribution of detached houses by size in Lubenham, and where 1 RUSHES LANE lies on this distribution: 11% of detached houses are smaller than 1 RUSHES LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Lubenham.

1 RUSHES LANE: Plot and Title Map

1 RUSHES LANE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 1 RUSHES LANE, 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 RUSHES LANE). 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 RUSHES LANE?

1 RUSHES LANE is located in LUBENHAM, in the LE16 postcode district. The below map shows the position of No. 1 on RUSHES LANE.