2, THE NOOK, WALCOTE, LUTTERWORTH, LE17 4LJ - £310,000

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 THE NOOK is a small extended detached house of 112m², built sometime between 1967 and 1975, which could now be worth an estimated £332,482. It was last sold for £310,000 in August 2023, which was around 31% below the average August 2023 detached price in the Harborough local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

2 THE NOOK Sold Prices

Land registry data shows two sales for 2 THE NOOK 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 THE NOOK 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
2023 11 AUG	£310,000	£452,538	31% below HPI
2001 27 JUN	£115,000	£141,294	19% below HPI

2 THE NOOK 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 THE NOOK sales from June 2001 and August 2023 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 2001 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 2 THE NOOK be worth now?

2 THE NOOK might now be worth an estimated £332,482.

This is based on house price inflation of 7.3%, between August 2023 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 7.3% inflationary increase is applied to the most recent sale price for 2 THE NOOK of £310,000 on 11th August 2023. For the value to have increased from £310,000 to £332,482 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 2 THE NOOK has moved in line with the HPI for detached houses in the Harborough local authority area.
• The August 2023 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE NOOK has not materially changed since August 2023.

How Large is 2 THE NOOK?

2 THE NOOK is 112m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 30% of detached houses houses in Walcote, based on EPC data. The below chart shows the distribution of detached houses houses by size in Walcote, and where 2 THE NOOK lies on this distribution: 27% of detached houses houses are smaller than 2 THE NOOK, and 73% of houses are larger. Note that EPC data is not available for all properties in Walcote.

2 THE NOOK: Plot and Title Map

2 THE NOOK sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 2 THE NOOK, 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 THE NOOK). 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 THE NOOK?

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