2, CROMWELL CLOSE, WALCOTE, LUTTERWORTH, LE17 4JJ - £285,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

2 CROMWELL CLOSE is a large detached house of 198m², built sometime between 1967 and 1975. It was last sold for £285,000 in September 2015, which was around 13% below the average September 2015 detached price in the Harborough local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

2 CROMWELL CLOSE Sold Prices

Land registry data shows three sales for 2 CROMWELL CLOSE 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. The three 2 CROMWELL CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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
2015 28 SEP	£285,000	£329,029	13% below HPI
2005 8 JUL	£265,000	£265,014	Close to HPI
1996 14 OCT	£108,200	£90,407	20% above HPI

2 CROMWELL CLOSE 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 2 CROMWELL CLOSE sales between October 1996 and September 2015 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 July 2005 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2015 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 CROMWELL CLOSE?

2 CROMWELL CLOSE is 198m² according to the EPC inspection conducted in May 2015. This puts it in the largest 30% of detached houses in Walcote, based on EPC data. The below chart shows the distribution of detached houses by size in Walcote, and where 2 CROMWELL CLOSE lies on this distribution: 76% of detached houses are smaller than 2 CROMWELL CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Walcote.

2 CROMWELL CLOSE: Plot and Title Map

2 CROMWELL CLOSE sits on a plot of roughly 0.127 of an acre, or 516m². The below map shows the location of 2 CROMWELL CLOSE, 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 CROMWELL CLOSE). 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 CROMWELL CLOSE?

2 CROMWELL CLOSE is located in WALCOTE, in the LE17 postcode district. The below map shows the position of No. 2 on CROMWELL CLOSE.