4, RUSHES LANE, LUBENHAM, MARKET HARBOROUGH, LE16 9TN - £415,000

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

4 RUSHES LANE is a very large extended detached house of 220m², built sometime between 1991 and 1995. It was last sold for £415,000 in June 2021, which was around 2% below the average June 2021 detached price in the Harborough local authority area. The most recent EPC inspection was July 2019, where the current energy rating was B, and the potential energy rating was B.

4 RUSHES LANE Sold Prices

Land registry data shows five sales for 4 RUSHES LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. Most of the five 4 RUSHES LANE sales were 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
2021 25 JUN	£415,000	£424,145	2% below HPI
2010 26 FEB	£333,000	£263,161	27% above HPI
2003 18 JUL	£287,500	£224,867	28% above HPI
1999 27 JUL	£183,000	£118,745	54% above HPI
1995 5 MAY	£40,000	£86,271	54% below HPI

4 RUSHES LANE 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 five 4 RUSHES LANE sales between May 1995 and June 2021 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 February 2010 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the June 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 4 RUSHES LANE?

4 RUSHES LANE is 220m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 20% of detached houses in Lubenham, based on EPC data. The below chart shows the distribution of detached houses by size in Lubenham, and where 4 RUSHES LANE lies on this distribution: 89% of detached houses are smaller than 4 RUSHES LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Lubenham.

4 RUSHES LANE: Plot and Title Map

4 RUSHES LANE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 4 RUSHES LANE, 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 RUSHES LANE). 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 RUSHES LANE?

4 RUSHES LANE is located in LUBENHAM, in the LE16 postcode district. The below map shows the position of No. 4 on RUSHES LANE.