6, MERITON ROAD, LUTTERWORTH, LE17 4QE - £339,950

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.

6 MERITON ROAD is a very small extended detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £375,386. It was last sold for £339,950 in August 2022, which was around 23% below the average August 2022 detached price in the Harborough local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

6 MERITON ROAD Sold Prices

Land registry data shows two sales for 6 MERITON ROAD 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 6 MERITON 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
2022 18 AUG	£339,950	£439,540	23% below HPI
2021 29 JUL	£225,000	£407,932	45% below HPI

6 MERITON 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 two 6 MERITON ROAD sales from July 2021 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 July 2021 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the August 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 6 MERITON ROAD be worth now?

6 MERITON ROAD might now be worth an estimated £375,386.

This is based on house price inflation of 10.4%, between August 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 10.4% inflationary increase is applied to the most recent sale price for 6 MERITON ROAD of £339,950 on 18th August 2022. For the value to have increased from £339,950 to £375,386 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 6 MERITON ROAD has moved in line with the HPI for detached houses in the Harborough local authority area.
• The August 2022 sale price of £339,950 represented a fair market value for the property.
• The size, condition, and specification of 6 MERITON ROAD has not materially changed since August 2022.

How Large is 6 MERITON ROAD?

6 MERITON ROAD is 69m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% 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 6 MERITON ROAD lies on this distribution: 5% of detached houses houses are smaller than 6 MERITON ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

6 MERITON ROAD: Plot and Title Map

6 MERITON ROAD sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 6 MERITON 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 6 MERITON 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 6 MERITON ROAD?

6 MERITON ROAD is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 6 on MERITON ROAD.