1A, SWIFTWAY, LUTTERWORTH, LE17 4PB - £250,500

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 SWIFTWAY is a very small detached house of 84m², built in 2021. It was last sold for £250,500 in September 2022, which was around 46% below the average September 2022 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 two sales for 1A SWIFTWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. Both of the two 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
2022 2 SEP	£250,500	£466,008	46% below HPI
2020 4 FEB	£85,000	£412,435	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 two 1A SWIFTWAY sales from February 2020 and September 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 February 2020 sale was for 79% below the HPI. So the extrapolation line tracks at 79% below the HPI over time, until the September 2022 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

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 in Lutterworth, based on EPC data. The below chart shows the distribution of detached houses by size in Lutterworth, and where 1A SWIFTWAY lies on this distribution: 15% of detached 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.