7, CHESHIRE CLOSE, LUTTERWORTH, LE17 4YE - £176,000

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.

7 CHESHIRE CLOSE is a very small detached house of 69m², built sometime between 1991 and 1995, which could now be worth an estimated £300,683. It was last sold for £176,000 in February 2014, which was around 38% below the average February 2014 detached price in the Harborough local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

7 CHESHIRE CLOSE Sold Prices

Land registry data shows three sales for 7 CHESHIRE CLOSE 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 7 CHESHIRE 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
2014 7 FEB	£176,000	£284,096	38% below HPI
2004 2 APR	£145,000	£228,122	36% below HPI
1998 16 JAN	£62,500	£103,021	39% below HPI

7 CHESHIRE 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 three 7 CHESHIRE CLOSE sales between January 1998 and February 2014 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 April 2004 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2014 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 7 CHESHIRE CLOSE be worth now?

7 CHESHIRE CLOSE might now be worth an estimated £300,683.

This is based on house price inflation of 70.8%, between February 2014 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 70.8% inflationary increase is applied to the most recent sale price for 7 CHESHIRE CLOSE of £176,000 on 7th February 2014. For the value to have increased from £176,000 to £300,683 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 7 CHESHIRE CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The February 2014 sale price of £176,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CHESHIRE CLOSE has not materially changed since February 2014.

How Large is 7 CHESHIRE CLOSE?

7 CHESHIRE CLOSE is 69m² according to the EPC inspection conducted in October 2023. 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 7 CHESHIRE CLOSE lies on this distribution: 5% of detached houses houses are smaller than 7 CHESHIRE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

7 CHESHIRE CLOSE: Plot and Title Map

7 CHESHIRE CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 7 CHESHIRE 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 7 CHESHIRE 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 7 CHESHIRE CLOSE?

7 CHESHIRE CLOSE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 7 on CHESHIRE CLOSE.