31, WOODWAY ROAD, LUTTERWORTH, LE17 4QG - £248,000

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.

31 WOODWAY ROAD is a very small detached house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £331,030. It was last sold for £248,000 in March 2018, which was around 32% below the average March 2018 detached price in the Harborough local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

31 WOODWAY ROAD Sold Prices

Land registry data shows three sales for 31 WOODWAY 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 31 WOODWAY 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
2018 16 MAR	£248,000	£363,618	32% below HPI
2009 23 OCT	£210,000	£245,886	15% below HPI
1998 27 MAR	£83,000	£105,646	21% below HPI

31 WOODWAY 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 31 WOODWAY ROAD sales between March 1998 and March 2018 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 October 2009 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2018 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 31 WOODWAY ROAD be worth now?

31 WOODWAY ROAD might now be worth an estimated £331,030.

This is based on house price inflation of 33.5%, between March 2018 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 33.5% inflationary increase is applied to the most recent sale price for 31 WOODWAY ROAD of £248,000 on 16th March 2018. For the value to have increased from £248,000 to £331,030 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 31 WOODWAY ROAD has moved in line with the HPI for detached houses in the Harborough local authority area.
• The March 2018 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 31 WOODWAY ROAD has not materially changed since March 2018.

How Large is 31 WOODWAY ROAD?

31 WOODWAY ROAD is 81m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 20% of detached houses houses in Lutterworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lutterworth, and where 31 WOODWAY ROAD lies on this distribution: 13% of detached houses houses are smaller than 31 WOODWAY ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

31 WOODWAY ROAD: Plot and Title Map

31 WOODWAY ROAD sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 31 WOODWAY 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 31 WOODWAY 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 31 WOODWAY ROAD?

31 WOODWAY ROAD is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 31 on WOODWAY ROAD.