4, PEAR TREE CLOSE, LUTTERWORTH, LE17 4XL - £360,000

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.

4 PEAR TREE CLOSE is a large extended detached house of 131m², built sometime between 1996 and 2002, which could now be worth an estimated £460,969. It was last sold for £360,000 in June 2018, which was around 5% below the average June 2018 detached price in the Harborough local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

4 PEAR TREE CLOSE Sold Prices

Land registry data shows two sales for 4 PEAR TREE 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 4 PEAR TREE CLOSE 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
2018 29 JUN	£360,000	£379,046	5% below HPI
1999 30 JUN	£115,000	£111,849	3% above HPI

4 PEAR TREE 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 4 PEAR TREE CLOSE sales from June 1999 and June 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 June 1999 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2018 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 4 PEAR TREE CLOSE be worth now?

4 PEAR TREE CLOSE might now be worth an estimated £460,969.

This is based on house price inflation of 28%, between June 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 28% inflationary increase is applied to the most recent sale price for 4 PEAR TREE CLOSE of £360,000 on 29th June 2018. For the value to have increased from £360,000 to £460,969 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 4 PEAR TREE CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The June 2018 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PEAR TREE CLOSE has not materially changed since June 2018.

How Large is 4 PEAR TREE CLOSE?

4 PEAR TREE CLOSE is 131m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the largest 30% 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 4 PEAR TREE CLOSE lies on this distribution: 70% of detached houses houses are smaller than 4 PEAR TREE CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

4 PEAR TREE CLOSE: Plot and Title Map

4 PEAR TREE CLOSE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 4 PEAR TREE 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 4 PEAR TREE 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 4 PEAR TREE CLOSE?

4 PEAR TREE CLOSE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 4 on PEAR TREE CLOSE.