16, LAVENDER CLOSE, LUTTERWORTH, LE17 4GP - £439,950

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 LAVENDER CLOSE is a very large detached house of 144m², built sometime between 1996 and 2002, which could now be worth an estimated £471,856. It was last sold for £439,950 in August 2023, which was around 3% below the average August 2023 detached price in the Harborough local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

16 LAVENDER CLOSE Sold Prices

Land registry data shows four sales for 16 LAVENDER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. two of the four 16 LAVENDER CLOSE sales were for below the average price, and four 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
2023 11 AUG	£439,950	£452,538	3% below HPI
2023 30 JUN	£430,000	£459,529	6% below HPI
2007 6 JUL	£292,000	£277,454	5% above HPI
2000 26 MAY	£154,950	£122,231	27% above HPI

16 LAVENDER 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 four 16 LAVENDER CLOSE sales between May 2000 and August 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 June 2023 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2023 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 16 LAVENDER CLOSE be worth now?

16 LAVENDER CLOSE might now be worth an estimated £471,856.

This is based on house price inflation of 7.3%, between August 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 7.3% inflationary increase is applied to the most recent sale price for 16 LAVENDER CLOSE of £439,950 on 11th August 2023. For the value to have increased from £439,950 to £471,856 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 16 LAVENDER CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The August 2023 sale price of £439,950 represented a fair market value for the property.
• The size, condition, and specification of 16 LAVENDER CLOSE has not materially changed since August 2023.

How Large is 16 LAVENDER CLOSE?

16 LAVENDER CLOSE is 144m² according to the EPC inspection conducted in May 2019. This puts it in the largest 20% 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 LAVENDER CLOSE lies on this distribution: 81% of detached houses houses are smaller than 16 LAVENDER CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

16 LAVENDER CLOSE: Plot and Title Map

16 LAVENDER CLOSE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 16 LAVENDER 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 LAVENDER 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 LAVENDER CLOSE?

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