32, SPRING CLOSE, LUTTERWORTH, LE17 4DD - £249,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

32 SPRING CLOSE is a midsized extended detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £423,090. It was last sold for £249,000 in March 2014, which was around 13% below the average March 2014 detached price in the Harborough local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

32 SPRING CLOSE Sold Prices

Land registry data shows two sales for 32 SPRING CLOSE 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 32 SPRING CLOSE 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
2014 18 MAR	£249,000	£285,646	13% below HPI
2005 27 OCT	£227,000	£250,353	9% below HPI

32 SPRING CLOSE 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 32 SPRING CLOSE sales from October 2005 and March 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 October 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2014 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 32 SPRING CLOSE be worth now?

32 SPRING CLOSE might now be worth an estimated £423,090.

This is based on house price inflation of 69.9%, between March 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 69.9% inflationary increase is applied to the most recent sale price for 32 SPRING CLOSE of £249,000 on 18th March 2014. For the value to have increased from £249,000 to £423,090 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of 32 SPRING CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The March 2014 sale price of £249,000 represented a fair market value for the property.
• The size, condition, and specification of 32 SPRING CLOSE has not materially changed since March 2014.

How Large is 32 SPRING CLOSE?

32 SPRING CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 50% 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 32 SPRING CLOSE lies on this distribution: 56% of detached houses houses are smaller than 32 SPRING CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

32 SPRING CLOSE: Plot and Title Map

32 SPRING CLOSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 32 SPRING CLOSE, 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 32 SPRING CLOSE). 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 32 SPRING CLOSE?

32 SPRING CLOSE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 32 on SPRING CLOSE.