3, OLD FORGE ROAD, ASHBY MAGNA, LUTTERWORTH, LE17 5NL - £303,000

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.

3 OLD FORGE ROAD is a very large detached house of 248m², built sometime between 1967 and 1975, which could now be worth an estimated £509,528. It was last sold for £303,000 in April 2014, which was around 5% above the average April 2014 detached price in the Harborough local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

3 OLD FORGE ROAD Sold Prices

Land registry data shows two sales for 3 OLD FORGE ROAD 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 3 OLD FORGE ROAD 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
2014 15 APR	£303,000	£288,626	5% above HPI
1996 26 JAN	£128,000	£83,031	54% above HPI

3 OLD FORGE 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 two 3 OLD FORGE ROAD sales from January 1996 and April 2014 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 1996 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the April 2014 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 3 OLD FORGE ROAD be worth now?

3 OLD FORGE ROAD might now be worth an estimated £509,528.

This is based on house price inflation of 68.2%, between April 2014 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 68.2% inflationary increase is applied to the most recent sale price for 3 OLD FORGE ROAD of £303,000 on 15th April 2014. For the value to have increased from £303,000 to £509,528 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of 3 OLD FORGE ROAD has moved in line with the HPI for detached houses in the Harborough local authority area.
• The April 2014 sale price of £303,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OLD FORGE ROAD has not materially changed since April 2014.

How Large is 3 OLD FORGE ROAD?

3 OLD FORGE ROAD is 248m² according to the EPC inspection conducted in October 2012. This puts it in the largest 20% of detached houses houses in Ashby Magna, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashby Magna, and where 3 OLD FORGE ROAD lies on this distribution: 88% of detached houses houses are smaller than 3 OLD FORGE ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Ashby Magna.

3 OLD FORGE ROAD: Plot and Title Map

3 OLD FORGE ROAD sits on a plot of roughly 0.235 of an acre, or 951m². The below map shows the location of 3 OLD FORGE 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 3 OLD FORGE 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 3 OLD FORGE ROAD?

3 OLD FORGE ROAD is located in ASHBY MAGNA, in the LE17 postcode district. The below map shows the position of No. 3 on OLD FORGE ROAD.