24, LODGE ROAD, FLECKNEY, LEICESTER, LE8 8BX - £215,000

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.

24 LODGE ROAD is a very small detached house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £305,253. It was last sold for £215,000 in February 2017, which was around 37% below the average February 2017 detached price in the Harborough local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

24 LODGE ROAD Sold Prices

Land registry data shows three sales for 24 LODGE ROAD 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 24 LODGE ROAD 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 10 FEB	£215,000	£341,853	37% below HPI
1999 2 MAR	£78,000	£106,751	27% below HPI
1996 23 MAY	£59,995	£86,017	30% below HPI

24 LODGE ROAD 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 24 LODGE ROAD sales between May 1996 and February 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 March 1999 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2017 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 24 LODGE ROAD be worth now?

24 LODGE ROAD might now be worth an estimated £305,253.

This is based on house price inflation of 42%, between February 2017 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 42% inflationary increase is applied to the most recent sale price for 24 LODGE ROAD of £215,000 on 10th February 2017. For the value to have increased from £215,000 to £305,253 over the eight years to February 2025, the following assumptions must hold true:

• The value of 24 LODGE ROAD has moved in line with the HPI for detached houses in the Harborough local authority area.
• The February 2017 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LODGE ROAD has not materially changed since February 2017.

How Large is 24 LODGE ROAD?

24 LODGE ROAD is 72m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of detached houses houses in Fleckney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fleckney, and where 24 LODGE ROAD lies on this distribution: 9% of detached houses houses are smaller than 24 LODGE ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Fleckney.

24 LODGE ROAD: Plot and Title Map

24 LODGE ROAD sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 24 LODGE ROAD, 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 24 LODGE ROAD). 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 24 LODGE ROAD?

24 LODGE ROAD is located in FLECKNEY, in the LE8 postcode district. The below map shows the position of No. 24 on LODGE ROAD.