5, STEVENS CLOSE, ULLESTHORPE, LUTTERWORTH, LE17 5BP - £315,000

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.

5 STEVENS CLOSE is a large extended detached house of 141m², built sometime between 1950 and 1966, which could now be worth an estimated £341,643. It was last sold for £315,000 in May 2022, which was around 30% below the average May 2022 detached price in the Harborough local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

5 STEVENS CLOSE Sold Prices

Land registry data shows two sales for 5 STEVENS 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 5 STEVENS 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
2022 16 MAY	£315,000	£447,507	30% below HPI
1996 28 MAR	£93,000	£83,419	11% above HPI

5 STEVENS 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 5 STEVENS CLOSE sales from March 1996 and May 2022 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 1996 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 5 STEVENS CLOSE be worth now?

5 STEVENS CLOSE might now be worth an estimated £341,643.

This is based on house price inflation of 8.5%, between May 2022 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 8.5% inflationary increase is applied to the most recent sale price for 5 STEVENS CLOSE of £315,000 on 16th May 2022. For the value to have increased from £315,000 to £341,643 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 5 STEVENS CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The May 2022 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 5 STEVENS CLOSE has not materially changed since May 2022.

How Large is 5 STEVENS CLOSE?

5 STEVENS CLOSE is 141m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 40% of detached houses houses in Ullesthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ullesthorpe, and where 5 STEVENS CLOSE lies on this distribution: 67% of detached houses houses are smaller than 5 STEVENS CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Ullesthorpe.

5 STEVENS CLOSE: Plot and Title Map

5 STEVENS CLOSE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 5 STEVENS 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 5 STEVENS 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 5 STEVENS CLOSE?

5 STEVENS CLOSE is located in ULLESTHORPE, in the LE17 postcode district. The below map shows the position of No. 5 on STEVENS CLOSE.