21, MAXWELL WAY, LUTTERWORTH, LE17 4GS - £337,500

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.

21 MAXWELL WAY is a midsized extended detached house of 119m², built sometime between 1996 and 2002, which could now be worth an estimated £416,705. It was last sold for £337,500 in March 2020, which was around 14% below the average March 2020 detached price in the Harborough local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

21 MAXWELL WAY Sold Prices

Land registry data shows six sales for 21 MAXWELL WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. The six 21 MAXWELL WAY sales were a mix of below the average price, and roughly equal to 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 20 MAR	£337,500	£393,103	14% below HPI
2017 31 MAR	£296,000	£338,861	13% below HPI
2016 21 DEC	£275,000	£342,993	20% below HPI
2013 4 OCT	£239,750	£272,012	12% below HPI
2001 25 OCT	£137,000	£142,221	4% below HPI
1999 22 NOV	£114,000	£113,449	Close to HPI

21 MAXWELL WAY 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 six 21 MAXWELL WAY sales between November 1999 and March 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 March 2017 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 21 MAXWELL WAY be worth now?

21 MAXWELL WAY might now be worth an estimated £416,705.

This is based on house price inflation of 23.5%, between March 2020 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 23.5% inflationary increase is applied to the most recent sale price for 21 MAXWELL WAY of £337,500 on 20th March 2020. For the value to have increased from £337,500 to £416,705 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 21 MAXWELL WAY has moved in line with the HPI for detached houses in the Harborough local authority area.
• The March 2020 sale price of £337,500 represented a fair market value for the property.
• The size, condition, and specification of 21 MAXWELL WAY has not materially changed since March 2020.

How Large is 21 MAXWELL WAY?

21 MAXWELL WAY is 119m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 50% 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 21 MAXWELL WAY lies on this distribution: 55% of detached houses houses are smaller than 21 MAXWELL WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

21 MAXWELL WAY: Plot and Title Map

21 MAXWELL WAY sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 21 MAXWELL WAY, 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 21 MAXWELL WAY). 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 21 MAXWELL WAY?

21 MAXWELL WAY is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 21 on MAXWELL WAY.