40, ELMCROFT ROAD, NORTH KILWORTH, LUTTERWORTH, LE17 6HX - £327,000

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.

40 ELMCROFT ROAD is a very small detached house of 114m², built sometime between 1976 and 1982, which could now be worth an estimated £399,588. It was last sold for £327,000 in September 2019, which was around 18% below the average September 2019 detached price in the Harborough local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.

40 ELMCROFT ROAD Sold Prices

Land registry data shows three sales for 40 ELMCROFT 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 40 ELMCROFT 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
2019 24 SEP	£327,000	£397,188	18% below HPI
2014 16 OCT	£286,000	£308,402	7% below HPI
2007 27 APR	£272,000	£283,174	4% below HPI

40 ELMCROFT 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 40 ELMCROFT ROAD sales between April 2007 and September 2019 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 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 40 ELMCROFT ROAD be worth now?

40 ELMCROFT ROAD might now be worth an estimated £399,588.

This is based on house price inflation of 22.2%, between September 2019 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 22.2% inflationary increase is applied to the most recent sale price for 40 ELMCROFT ROAD of £327,000 on 24th September 2019. For the value to have increased from £327,000 to £399,588 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 40 ELMCROFT ROAD has moved in line with the HPI for detached houses in the Harborough local authority area.
• The September 2019 sale price of £327,000 represented a fair market value for the property.
• The size, condition, and specification of 40 ELMCROFT ROAD has not materially changed since September 2019.

How Large is 40 ELMCROFT ROAD?

40 ELMCROFT ROAD is 114m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 20% of detached houses houses in North Kilworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Kilworth, and where 40 ELMCROFT ROAD lies on this distribution: 15% of detached houses houses are smaller than 40 ELMCROFT ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in North Kilworth.

40 ELMCROFT ROAD: Plot and Title Map

40 ELMCROFT ROAD sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 40 ELMCROFT 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 40 ELMCROFT 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 40 ELMCROFT ROAD?

40 ELMCROFT ROAD is located in NORTH KILWORTH, in the LE17 postcode district. The below map shows the position of No. 40 on ELMCROFT ROAD.