1A, BACK LANE, CLAYBROOKE MAGNA, LUTTERWORTH, LE17 5AW - £290,000

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

1A BACK LANE is a very small detached house of 106m², built sometime between 1991 and 1995. It was last sold for £290,000 in July 2018, which was around 25% below the average July 2018 detached price in the Harborough local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

1A BACK LANE Sold Prices

Land registry data shows four sales for 1A BACK LANE 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 1A BACK LANE sales were for below the average price, whilst one 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
2018 16 JUL	£290,000	£388,748	25% below HPI
2011 14 JAN	£250,000	£276,546	10% below HPI
1997 10 OCT	£123,000	£103,998	18% above HPI
1995 13 APR	£88,700	£88,979	Close to HPI

1A BACK LANE 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 1A BACK LANE sales between April 1995 and July 2018 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 January 2011 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 1A BACK LANE?

1A BACK LANE is 106m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of detached houses in Claybrooke Magna, based on EPC data. The below chart shows the distribution of detached houses by size in Claybrooke Magna, and where 1A BACK LANE lies on this distribution: 16% of detached houses are smaller than 1A BACK LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Claybrooke Magna.

1A BACK LANE: Plot and Title Map

1A BACK LANE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 1A BACK LANE, 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 1A BACK LANE). 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 1A BACK LANE?

1A BACK LANE is located in CLAYBROOKE MAGNA, in the LE17 postcode district. The below map shows the position of No. 1A on BACK LANE.