1A, SWIFTWAY, LUTTERWORTH, LE17 4PB - £277,500

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

1A SWIFTWAY is a very small detached house of 84m², built in 2021, which could now be worth an estimated £283,694. It was last sold for £277,500 in November 2024, which was around 42% below the average November 2024 detached price in the Harborough local authority area. The most recent EPC inspection was July 2021, where the current energy rating was B, and the potential energy rating was B.

1A SWIFTWAY Sold Prices

Land registry data shows three sales for 1A SWIFTWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the three 1A SWIFTWAY 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
2024 5 NOV	£277,500	£482,084	42% below HPI
2022 2 SEP	£250,500	£447,894	44% below HPI
2020 4 FEB	£85,000	£396,403	79% below HPI

1A SWIFTWAY 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 three 1A SWIFTWAY sales between February 2020 and November 2024 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 September 2022 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the November 2024 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 1A SWIFTWAY be worth now?

1A SWIFTWAY might now be worth an estimated £283,694.

This is based on house price inflation of 2.2%, between November 2024 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 2.2% inflationary increase is applied to the most recent sale price for 1A SWIFTWAY of £277,500 on 5th November 2024. For the value to have increased from £277,500 to £283,694 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 1A SWIFTWAY has moved in line with the HPI for detached houses in the Harborough local authority area.
• The November 2024 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 1A SWIFTWAY has not materially changed since November 2024.

How Large is 1A SWIFTWAY?

1A SWIFTWAY is 84m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 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 1A SWIFTWAY lies on this distribution: 15% of detached houses houses are smaller than 1A SWIFTWAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

1A SWIFTWAY: Plot and Title Map

1A SWIFTWAY sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 1A SWIFTWAY, 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 SWIFTWAY). 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 SWIFTWAY?

1A SWIFTWAY is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 1A on SWIFTWAY.