16, MACAULAY ROAD, LUTTERWORTH, LE17 4XB - £375,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 MACAULAY ROAD is a midsized detached house of 114m², built sometime between 1967 and 1975. It was last sold for £375,000 in January 2022, which was around 15% below the average January 2022 detached price in the Harborough local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

16 MACAULAY ROAD Sold Prices

Land registry data shows four sales for 16 MACAULAY ROAD 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. All of the four 16 MACAULAY ROAD 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
2022 5 JAN	£375,000	£442,251	15% below HPI
2015 12 OCT	£235,000	£336,534	30% below HPI
2002 14 JUN	£150,000	£166,945	10% below HPI
1998 25 SEP	£93,500	£108,817	14% below HPI

16 MACAULAY ROAD 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 MACAULAY ROAD sales between September 1998 and January 2022 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 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the January 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 16 MACAULAY ROAD?

16 MACAULAY ROAD is 114m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 50% of detached houses in Lutterworth, based on EPC data. The below chart shows the distribution of detached houses by size in Lutterworth, and where 16 MACAULAY ROAD lies on this distribution: 47% of detached houses are smaller than 16 MACAULAY ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

16 MACAULAY ROAD: Plot and Title Map

16 MACAULAY ROAD sits on a plot of roughly 0.081 of an acre, or 330m². The below map shows the location of 16 MACAULAY ROAD, 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 MACAULAY ROAD). 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 MACAULAY ROAD?

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