2, CHAPEL FIELDS, SWINFORD, LUTTERWORTH, LE17 6BS - £342,500

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

2 CHAPEL FIELDS is a midsized extended detached house of 134m², built sometime between 1967 and 1975, which could now be worth an estimated £404,063. It was last sold for £342,500 in December 2020, which was around 18% below the average December 2020 detached price in the Harborough local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

2 CHAPEL FIELDS Sold Prices

Land registry data shows four sales for 2 CHAPEL FIELDS 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. Most of the four 2 CHAPEL FIELDS 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
2020 2 DEC	£342,500	£417,754	18% below HPI
2008 26 JUN	£237,500	£281,795	16% below HPI
2006 19 MAY	£250,000	£254,650	2% below HPI
2003 25 SEP	£225,000	£217,942	3% above HPI

2 CHAPEL FIELDS 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 2 CHAPEL FIELDS sales between September 2003 and December 2020 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 June 2008 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 CHAPEL FIELDS be worth now?

2 CHAPEL FIELDS might now be worth an estimated £404,063.

This is based on house price inflation of 18%, between December 2020 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 18% inflationary increase is applied to the most recent sale price for 2 CHAPEL FIELDS of £342,500 on 2nd December 2020. For the value to have increased from £342,500 to £404,063 over the four years to December 2024, the following assumptions must hold true:

• The value of 2 CHAPEL FIELDS has moved in line with the HPI for detached houses in the Harborough local authority area.
• The December 2020 sale price of £342,500 represented a fair market value for the property.
• The size, condition, and specification of 2 CHAPEL FIELDS has not materially changed since December 2020.

How Large is 2 CHAPEL FIELDS?

2 CHAPEL FIELDS is 134m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the smallest 50% of detached houses houses in Swinford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swinford, and where 2 CHAPEL FIELDS lies on this distribution: 48% of detached houses houses are smaller than 2 CHAPEL FIELDS, and 52% of houses are larger. Note that EPC data is not available for all properties in Swinford.

2 CHAPEL FIELDS: Plot and Title Map

2 CHAPEL FIELDS sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 2 CHAPEL FIELDS, 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 2 CHAPEL FIELDS). 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 2 CHAPEL FIELDS?

2 CHAPEL FIELDS is located in SWINFORD, in the LE17 postcode district. The below map shows the position of No. 2 on CHAPEL FIELDS.