1, THE PRECINCT, COTESBACH, LUTTERWORTH, LE17 4HY - £415,000

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 THE PRECINCT is a midsized detached house of 167m², built sometime between 1976 and 1982. It was last sold for £415,000 in September 2023, which was around 11% below the average September 2023 detached price in the Harborough local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

1 THE PRECINCT Sold Prices

Land registry data shows two sales for 1 THE PRECINCT 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. One of the two 1 THE PRECINCT sales was for below the average price, whilst the other was 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
2023 22 SEP	£415,000	£468,206	11% below HPI
1997 30 JUL	£105,000	£100,363	5% above HPI

1 THE PRECINCT 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 THE PRECINCT sales from July 1997 and September 2023 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 1997 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2023 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 1 THE PRECINCT?

1 THE PRECINCT is 167m² according to the EPC inspection conducted in November 2022. This puts it in the largest 50% of detached houses in Cotesbach, based on EPC data. The below chart shows the distribution of detached houses by size in Cotesbach, and where 1 THE PRECINCT lies on this distribution: 52% of detached houses are smaller than 1 THE PRECINCT, and 48% of houses are larger. Note that EPC data is not available for all properties in Cotesbach.

1 THE PRECINCT: Plot and Title Map

1 THE PRECINCT sits on a plot of roughly 0.197 of an acre, or 799m². The below map shows the location of 1 THE PRECINCT, 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 THE PRECINCT). 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 THE PRECINCT?

1 THE PRECINCT is located in COTESBACH, in the LE17 postcode district. The below map shows the position of No. 1 on THE PRECINCT.