2, MARLBOROUGH PLACE, LUTTERWORTH, LE17 4DE - £500,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 MARLBOROUGH PLACE is a very large extended detached house of 203m², built sometime between 2003 and 2006, which could now be worth an estimated £598,352. It was last sold for £500,000 in April 2021, which was around 23% above the average April 2021 detached price in the Harborough local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

2 MARLBOROUGH PLACE Sold Prices

Land registry data shows two sales for 2 MARLBOROUGH PLACE 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 2 MARLBOROUGH PLACE sales 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
2021 29 APR	£500,000	£405,578	23% above HPI
2005 3 MAY	£500,000	£245,172	104% above HPI

2 MARLBOROUGH PLACE 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 2 MARLBOROUGH PLACE sales from May 2005 and April 2021 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 May 2005 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the April 2021 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 2 MARLBOROUGH PLACE be worth now?

2 MARLBOROUGH PLACE might now be worth an estimated £598,352.

This is based on house price inflation of 19.7%, between April 2021 and February 2025, 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 19.7% inflationary increase is applied to the most recent sale price for 2 MARLBOROUGH PLACE of £500,000 on 29th April 2021. For the value to have increased from £500,000 to £598,352 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 2 MARLBOROUGH PLACE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The April 2021 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MARLBOROUGH PLACE has not materially changed since April 2021.

How Large is 2 MARLBOROUGH PLACE?

2 MARLBOROUGH PLACE is 203m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 10% 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 MARLBOROUGH PLACE lies on this distribution: 97% of detached houses houses are smaller than 2 MARLBOROUGH PLACE, and 3% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

2 MARLBOROUGH PLACE: Plot and Title Map

2 MARLBOROUGH PLACE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 2 MARLBOROUGH PLACE, 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 MARLBOROUGH PLACE). 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 MARLBOROUGH PLACE?

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