3, THE CUTTINGS, THURNBY, LEICESTER, LE7 9QZ - £345,000

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 THE CUTTINGS is a very large detached house of 178m², built sometime between 1983 and 1990. It was last sold for £345,000 in November 2020, which was around 22% below the average November 2020 detached price in the Harborough local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was C.

3 THE CUTTINGS Sold Prices

Land registry data shows two sales for 3 THE CUTTINGS 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. One of the two 3 THE CUTTINGS sales was for below the average price, whilst the other was 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 27 NOV	£345,000	£444,760	22% below HPI
2002 5 JUL	£189,950	£175,460	8% above HPI

3 THE CUTTINGS 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 THE CUTTINGS sales from July 2002 and November 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 July 2002 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 THE CUTTINGS?

3 THE CUTTINGS is 178m² according to the EPC inspection conducted in May 2017. This puts it in the largest 20% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 3 THE CUTTINGS lies on this distribution: 87% of detached houses are smaller than 3 THE CUTTINGS, and 12% of houses are larger. Note that EPC data is not available for all properties in Leicester.

3 THE CUTTINGS: Plot and Title Map

3 THE CUTTINGS sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 3 THE CUTTINGS, 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 THE CUTTINGS). 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 THE CUTTINGS?

3 THE CUTTINGS is located in THURNBY, in the LE7 postcode district. The below map shows the position of No. 3 on THE CUTTINGS.