2, LAVENDER CLOSE, LUTTERWORTH, LE17 4GP - £249,000

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 LAVENDER CLOSE is a very large detached house of 155m², built sometime between 1996 and 2002, which could now be worth an estimated £470,280. It was last sold for £249,000 in November 2011, which was around 5% below the average November 2011 detached price in the Harborough local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

2 LAVENDER CLOSE Sold Prices

Land registry data shows three sales for 2 LAVENDER 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. One of the three 2 LAVENDER CLOSE sales was for below the average price, whilst two were 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
2011 4 NOV	£249,000	£260,947	5% below HPI
2004 10 SEP	£262,500	£243,783	8% above HPI
2000 11 FEB	£135,950	£122,851	11% above HPI

2 LAVENDER 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 LAVENDER CLOSE sales between February 2000 and November 2011 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 2004 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2011 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 2 LAVENDER CLOSE be worth now?

2 LAVENDER CLOSE might now be worth an estimated £470,280.

This is based on house price inflation of 88.9%, between November 2011 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 88.9% inflationary increase is applied to the most recent sale price for 2 LAVENDER CLOSE of £249,000 on 4th November 2011. For the value to have increased from £249,000 to £470,280 over the twelve years and eleven months to December 2024, the following assumptions must hold true:

• The value of 2 LAVENDER CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The November 2011 sale price of £249,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LAVENDER CLOSE has not materially changed since November 2011.

How Large is 2 LAVENDER CLOSE?

2 LAVENDER CLOSE is 155m² according to the EPC inspection conducted in April 2011. This puts it in the largest 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 2 LAVENDER CLOSE lies on this distribution: 86% of detached houses houses are smaller than 2 LAVENDER CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

2 LAVENDER CLOSE: Plot and Title Map

2 LAVENDER CLOSE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 2 LAVENDER 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 LAVENDER 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 LAVENDER CLOSE?

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