18, LABURNUM AVENUE, LUTTERWORTH, LE17 4TZ - £315,000

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.

18 LABURNUM AVENUE is a very large detached house of 153m², built sometime between 1967 and 1975, which could now be worth an estimated £380,189. It was last sold for £315,000 in May 2021, which was around 22% below the average May 2021 detached price in the Harborough local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

18 LABURNUM AVENUE Sold Prices

Land registry data shows five sales for 18 LABURNUM AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the five 18 LABURNUM AVENUE 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 21 MAY	£315,000	£402,135	22% below HPI
2020 7 DEC	£300,000	£417,754	28% below HPI
2015 29 MAY	£235,000	£314,195	25% below HPI
2005 11 NOV	£208,000	£246,171	16% below HPI
2001 19 OCT	£124,000	£142,221	13% below HPI

18 LABURNUM AVENUE 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 five 18 LABURNUM AVENUE sales between October 2001 and May 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 December 2020 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 18 LABURNUM AVENUE be worth now?

18 LABURNUM AVENUE might now be worth an estimated £380,189.

This is based on house price inflation of 20.7%, between May 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 20.7% inflationary increase is applied to the most recent sale price for 18 LABURNUM AVENUE of £315,000 on 21st May 2021. For the value to have increased from £315,000 to £380,189 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 18 LABURNUM AVENUE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The May 2021 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 18 LABURNUM AVENUE has not materially changed since May 2021.

How Large is 18 LABURNUM AVENUE?

18 LABURNUM AVENUE is 153m² according to the EPC inspection conducted in July 2014. 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 18 LABURNUM AVENUE lies on this distribution: 85% of detached houses houses are smaller than 18 LABURNUM AVENUE, and 15% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

18 LABURNUM AVENUE: Plot and Title Map

18 LABURNUM AVENUE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 18 LABURNUM AVENUE, 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 18 LABURNUM AVENUE). 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 18 LABURNUM AVENUE?

18 LABURNUM AVENUE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 18 on LABURNUM AVENUE.