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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 OLD FORGE ROAD is a very large detached house of 248m², built sometime between 1967 and 1975. It was last sold for £303,000 in April 2014, which was around 1% 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	£300,299	1% above HPI
1996 26 JAN	£128,000	£86,389	48% 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 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the April 2014 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

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 in Ashby Magna, based on EPC data. The below chart shows the distribution of detached houses by size in Ashby Magna, and where 3 OLD FORGE ROAD lies on this distribution: 87% of detached 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.