5, TEDDER CLOSE, LUTTERWORTH, LE17 4YT - £334,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 TEDDER CLOSE is a small detached house of 97m², built sometime between 1983 and 1990, which could now be worth an estimated £374,505. It was last sold for £334,000 in August 2022, which was around 24% below the average August 2022 detached price in the Harborough local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

5 TEDDER CLOSE Sold Prices

Land registry data shows two sales for 5 TEDDER 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. Both of the two 5 TEDDER CLOSE 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
2022 17 AUG	£334,000	£439,540	24% below HPI
2008 15 FEB	£228,000	£284,360	20% below HPI

5 TEDDER 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 TEDDER CLOSE sales from February 2008 and August 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 February 2008 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 5 TEDDER CLOSE be worth now?

5 TEDDER CLOSE might now be worth an estimated £374,505.

This is based on house price inflation of 12.1%, between August 2022 and December 2024, 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 12.1% inflationary increase is applied to the most recent sale price for 5 TEDDER CLOSE of £334,000 on 17th August 2022. For the value to have increased from £334,000 to £374,505 over the one year and eight months to December 2024, the following assumptions must hold true:

• The value of 5 TEDDER CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The August 2022 sale price of £334,000 represented a fair market value for the property.
• The size, condition, and specification of 5 TEDDER CLOSE has not materially changed since August 2022.

How Large is 5 TEDDER CLOSE?

5 TEDDER CLOSE is 97m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 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 5 TEDDER CLOSE lies on this distribution: 28% of detached houses houses are smaller than 5 TEDDER CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

5 TEDDER CLOSE: Plot and Title Map

5 TEDDER CLOSE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 5 TEDDER 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 TEDDER 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 TEDDER CLOSE?

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