7, WALES ORCHARD, LEIRE, LUTTERWORTH, LE17 5ES - £360,000

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

7 WALES ORCHARD is a midsized extended detached house of 150m², built sometime between 1967 and 1975, which could now be worth an estimated £553,930. It was last sold for £360,000 in June 2016, which was around 12% above the average June 2016 detached price in the Harborough local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

7 WALES ORCHARD Sold Prices

Land registry data shows two sales for 7 WALES ORCHARD 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 7 WALES ORCHARD sales were 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
2016 2 JUN	£360,000	£320,300	12% above HPI
2001 1 JUN	£176,000	£141,294	25% above HPI

7 WALES ORCHARD 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 7 WALES ORCHARD sales from June 2001 and June 2016 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 June 2001 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2016 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 7 WALES ORCHARD be worth now?

7 WALES ORCHARD might now be worth an estimated £553,930.

This is based on house price inflation of 53.9%, between June 2016 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 53.9% inflationary increase is applied to the most recent sale price for 7 WALES ORCHARD of £360,000 on 2nd June 2016. For the value to have increased from £360,000 to £553,930 over the seven years and six months to December 2024, the following assumptions must hold true:

• The value of 7 WALES ORCHARD has moved in line with the HPI for detached houses in the Harborough local authority area.
• The June 2016 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WALES ORCHARD has not materially changed since June 2016.

How Large is 7 WALES ORCHARD?

7 WALES ORCHARD is 150m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 50% of detached houses houses in Leire, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leire, and where 7 WALES ORCHARD lies on this distribution: 45% of detached houses houses are smaller than 7 WALES ORCHARD, and 55% of houses are larger. Note that EPC data is not available for all properties in Leire.

7 WALES ORCHARD: Plot and Title Map

7 WALES ORCHARD sits on a plot of roughly 0.179 of an acre, or 723m². The below map shows the location of 7 WALES ORCHARD, 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 WALES ORCHARD). 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 WALES ORCHARD?

7 WALES ORCHARD is located in LEIRE, in the LE17 postcode district. The below map shows the position of No. 7 on WALES ORCHARD.