1, TOWNEND CLOSE, LUTTERWORTH, LE17 4ZB - £330,000

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.

1 TOWNEND CLOSE is a midsized detached house of 114m², which could now be worth an estimated £392,251. It was last sold for £330,000 in September 2021, which was around 19% below the average September 2021 detached price in the Harborough local authority area. The most recent EPC inspection was March 2016, where the current energy rating was B, and the potential energy rating was A.

1 TOWNEND CLOSE Sold Prices

Land registry data shows two sales for 1 TOWNEND 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 TOWNEND 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
2021 30 SEP	£330,000	£408,330	19% below HPI
2016 15 APR	£284,995	£323,868	12% below HPI

1 TOWNEND 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 TOWNEND CLOSE sales from April 2016 and September 2021 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 April 2016 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 1 TOWNEND CLOSE be worth now?

1 TOWNEND CLOSE might now be worth an estimated £392,251.

This is based on house price inflation of 18.9%, between September 2021 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 18.9% inflationary increase is applied to the most recent sale price for 1 TOWNEND CLOSE of £330,000 on 30th September 2021. For the value to have increased from £330,000 to £392,251 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 TOWNEND CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The September 2021 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 1 TOWNEND CLOSE has not materially changed since September 2021.

How Large is 1 TOWNEND CLOSE?

1 TOWNEND CLOSE is 114m² according to the EPC inspection conducted in March 2016. This puts it in the largest 50% of detached houses houses in Lutterworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lutterworth, and where 1 TOWNEND CLOSE lies on this distribution: 47% of detached houses houses are smaller than 1 TOWNEND CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

1 TOWNEND CLOSE: Plot and Title Map

1 TOWNEND CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 1 TOWNEND 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 TOWNEND 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 TOWNEND CLOSE?

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