16, FORSYTHIA CLOSE, LUTTERWORTH, LE17 4FD - £243,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 FORSYTHIA CLOSE is a midsized detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £431,275. It was last sold for £243,000 in June 2007, which was around 12% below the average June 2007 detached price in the Harborough local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was B.

16 FORSYTHIA CLOSE Sold Prices

Land registry data shows two sales for 16 FORSYTHIA 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. One of the two 16 FORSYTHIA CLOSE 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
2007 22 JUN	£243,000	£277,691	12% below HPI
2000 3 NOV	£139,950	£134,451	4% above HPI

16 FORSYTHIA 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 FORSYTHIA CLOSE sales from November 2000 and June 2007 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 2000 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2007 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 16 FORSYTHIA CLOSE be worth now?

16 FORSYTHIA CLOSE might now be worth an estimated £431,275.

This is based on house price inflation of 77.5%, between June 2007 and December 2024, 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 77.5% inflationary increase is applied to the most recent sale price for 16 FORSYTHIA CLOSE of £243,000 on 22nd June 2007. For the value to have increased from £243,000 to £431,275 over the sixteen years and six months to December 2024, the following assumptions must hold true:

• The value of 16 FORSYTHIA CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The June 2007 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 16 FORSYTHIA CLOSE has not materially changed since June 2007.

How Large is 16 FORSYTHIA CLOSE?

16 FORSYTHIA CLOSE is 120m² according to the EPC inspection conducted in February 2015. 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 16 FORSYTHIA CLOSE lies on this distribution: 56% of detached houses houses are smaller than 16 FORSYTHIA CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

16 FORSYTHIA CLOSE: Plot and Title Map

16 FORSYTHIA CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 16 FORSYTHIA 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 FORSYTHIA 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 FORSYTHIA CLOSE?

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