16, AVERY CLOSE, LUTTERWORTH, LE17 4PX - £295,000

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.

16 AVERY CLOSE is a midsized extended detached house of 113m², built sometime between 1950 and 1966, which could now be worth an estimated £350,035. It was last sold for £295,000 in August 2021, which was around 28% below the average August 2021 detached price in the Harborough local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was B.

16 AVERY CLOSE Sold Prices

Land registry data shows two sales for 16 AVERY 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 16 AVERY 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 18 AUG	£295,000	£409,046	28% below HPI
2001 11 OCT	£124,500	£142,221	12% below HPI

16 AVERY 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 16 AVERY CLOSE sales from October 2001 and August 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 October 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 16 AVERY CLOSE be worth now?

16 AVERY CLOSE might now be worth an estimated £350,035.

This is based on house price inflation of 18.7%, between August 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 18.7% inflationary increase is applied to the most recent sale price for 16 AVERY CLOSE of £295,000 on 18th August 2021. For the value to have increased from £295,000 to £350,035 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 16 AVERY CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The August 2021 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 16 AVERY CLOSE has not materially changed since August 2021.

How Large is 16 AVERY CLOSE?

16 AVERY CLOSE is 113m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the smallest 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 16 AVERY CLOSE lies on this distribution: 46% of detached houses houses are smaller than 16 AVERY CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

16 AVERY CLOSE: Plot and Title Map

16 AVERY CLOSE sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 16 AVERY 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 16 AVERY 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 16 AVERY CLOSE?

16 AVERY CLOSE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 16 on AVERY CLOSE.