23, MAXWELL WAY, LUTTERWORTH, LE17 4GS - £242,500

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

23 MAXWELL WAY is a very small detached house of 78m², built sometime between 1996 and 2002, which could now be worth an estimated £342,934. It was last sold for £242,500 in June 2017, which was around 30% below the average June 2017 detached price in the Harborough local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

23 MAXWELL WAY Sold Prices

Land registry data shows three sales for 23 MAXWELL WAY 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. All of the three 23 MAXWELL WAY 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
2017 16 JUN	£242,500	£348,506	30% below HPI
2006 6 DEC	£185,000	£264,462	30% below HPI
2000 3 MAR	£96,000	£124,533	23% below HPI

23 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 three 23 MAXWELL WAY sales between March 2000 and June 2017 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 December 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2017 sale, which was also at 30% below the HPI.

What might 23 MAXWELL WAY be worth now?

23 MAXWELL WAY might now be worth an estimated £342,934.

This is based on house price inflation of 41.4%, between June 2017 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 41.4% inflationary increase is applied to the most recent sale price for 23 MAXWELL WAY of £242,500 on 16th June 2017. For the value to have increased from £242,500 to £342,934 over the six years and six months to December 2024, the following assumptions must hold true:

• The value of 23 MAXWELL WAY has moved in line with the HPI for detached houses in the Harborough local authority area.
• The June 2017 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 23 MAXWELL WAY has not materially changed since June 2017.

How Large is 23 MAXWELL WAY?

23 MAXWELL WAY is 78m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 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 23 MAXWELL WAY lies on this distribution: 10% of detached houses houses are smaller than 23 MAXWELL WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

23 MAXWELL WAY: Plot and Title Map

23 MAXWELL WAY sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 23 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 23 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 23 MAXWELL WAY?

23 MAXWELL WAY is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 23 on MAXWELL WAY.