15, TOWER COURT, LUBENHAM, MARKET HARBOROUGH, LE16 9SY - £425,000

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.

15 TOWER COURT is a midsized detached house of 135m², built sometime between 1983 and 1990, which could now be worth an estimated £482,550. It was last sold for £425,000 in November 2020, which was around 1% below the average November 2020 detached price in the Harborough local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

15 TOWER COURT Sold Prices

Land registry data shows three sales for 15 TOWER COURT 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. One of the three 15 TOWER COURT sales was for below the average price, whilst two 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
2020 20 NOV	£425,000	£427,472	1% below HPI
2005 10 NOV	£305,000	£246,171	24% above HPI
2003 5 AUG	£283,000	£215,132	32% above HPI

15 TOWER COURT 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 15 TOWER COURT sales between August 2003 and November 2020 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 November 2005 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the November 2020 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 15 TOWER COURT be worth now?

15 TOWER COURT might now be worth an estimated £482,550.

This is based on house price inflation of 13.5%, between November 2020 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 13.5% inflationary increase is applied to the most recent sale price for 15 TOWER COURT of £425,000 on 20th November 2020. For the value to have increased from £425,000 to £482,550 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 15 TOWER COURT has moved in line with the HPI for detached houses in the Harborough local authority area.
• The November 2020 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 15 TOWER COURT has not materially changed since November 2020.

How Large is 15 TOWER COURT?

15 TOWER COURT is 135m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 50% of detached houses houses in Lubenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lubenham, and where 15 TOWER COURT lies on this distribution: 44% of detached houses houses are smaller than 15 TOWER COURT, and 56% of houses are larger. Note that EPC data is not available for all properties in Lubenham.

15 TOWER COURT: Plot and Title Map

15 TOWER COURT sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 15 TOWER COURT, 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 15 TOWER COURT). 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 15 TOWER COURT?

15 TOWER COURT is located in LUBENHAM, in the LE16 postcode district. The below map shows the position of No. 15 on TOWER COURT.