38, CROMWELL CLOSE, WALCOTE, LUTTERWORTH, LE17 4JJ - £370,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

38 CROMWELL CLOSE is a large extended detached house of 217m², built sometime between 1967 and 1975. It was last sold for £370,000 in April 2016, which was around 10% above the average April 2016 detached price in the Harborough local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

38 CROMWELL CLOSE Sold Prices

Land registry data shows two sales for 38 CROMWELL 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. One of the two 38 CROMWELL CLOSE sales was for above the average price, whilst the other was 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
2016 22 APR	£370,000	£336,966	10% above HPI
2007 6 MAR	£285,000	£288,294	1% below HPI

38 CROMWELL 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 38 CROMWELL CLOSE sales from March 2007 and April 2016 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 March 2007 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2016 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 38 CROMWELL CLOSE?

38 CROMWELL CLOSE is 217m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 30% of detached houses in Walcote, based on EPC data. The below chart shows the distribution of detached houses by size in Walcote, and where 38 CROMWELL CLOSE lies on this distribution: 79% of detached houses are smaller than 38 CROMWELL CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Walcote.

38 CROMWELL CLOSE: Plot and Title Map

38 CROMWELL CLOSE sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 38 CROMWELL 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 38 CROMWELL 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 38 CROMWELL CLOSE?

38 CROMWELL CLOSE is located in WALCOTE, in the LE17 postcode district. The below map shows the position of No. 38 on CROMWELL CLOSE.