Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
3 BURROUGH WAY is a very large detached house of 160m², built sometime between 1996 and 2002. It was last sold for £482,850 in October 2020, which was around 10% above the average October 2020 detached price in the Harborough local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 3 BURROUGH WAY since 1st 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 3 BURROUGH WAY 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 |
---|---|---|---|
2020 20 OCT | £482,850 | £440,436 | 10% above HPI |
2011 4 JAN | £334,950 | £276,546 | 21% above HPI |
The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The two 3 BURROUGH WAY sales from January 2011 and October 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 January 2011 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the October 2020 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.
3 BURROUGH WAY is 160m² according to the EPC inspection conducted in June 2020. This puts it in the largest 20% of detached houses in Lutterworth, based on EPC data. The below chart shows the distribution of detached houses by size in Lutterworth, and where 3 BURROUGH WAY lies on this distribution: 88% of detached houses are smaller than 3 BURROUGH WAY, and 11% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.
3 BURROUGH WAY sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of 3 BURROUGH 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 3 BURROUGH 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.
3 BURROUGH WAY is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 3 on BURROUGH WAY.