12, BURROUGH WAY, LUTTERWORTH, LE17 4GJ - £450,000

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.

12 BURROUGH WAY is a midsized extended detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £475,292. It was last sold for £450,000 in June 2023, which was around 2% below the average June 2023 detached price in the Harborough local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

12 BURROUGH WAY Sold Prices

Land registry data shows three sales for 12 BURROUGH WAY 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. Two of the three 12 BURROUGH WAY sales were for below the average price, whilst one 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 8 JUN	£450,000	£459,529	2% below HPI
2018 11 MAY	£347,500	£374,792	7% below HPI
1999 1 JUL	£122,800	£114,129	8% above HPI

12 BURROUGH WAY 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 12 BURROUGH WAY sales between July 1999 and June 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 May 2018 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2023 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 12 BURROUGH WAY be worth now?

12 BURROUGH WAY might now be worth an estimated £475,292.

This is based on house price inflation of 5.6%, between June 2023 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 5.6% inflationary increase is applied to the most recent sale price for 12 BURROUGH WAY of £450,000 on 8th June 2023. For the value to have increased from £450,000 to £475,292 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 12 BURROUGH WAY has moved in line with the HPI for detached houses in the Harborough local authority area.
• The June 2023 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 12 BURROUGH WAY has not materially changed since June 2023.

How Large is 12 BURROUGH WAY?

12 BURROUGH WAY is 120m², which includes one extension, according to the EPC inspection conducted in September 2017. 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 12 BURROUGH WAY lies on this distribution: 56% of detached houses houses are smaller than 12 BURROUGH WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

12 BURROUGH WAY: Plot and Title Map

12 BURROUGH WAY sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 12 BURROUGH WAY, 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 12 BURROUGH WAY). 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 12 BURROUGH WAY?

12 BURROUGH WAY is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 12 on BURROUGH WAY.