8, CHAPEL FIELDS, SWINFORD, LUTTERWORTH, LE17 6BS - £335,500

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.

8 CHAPEL FIELDS is a small detached house of 118m², built sometime between 1967 and 1975, which could now be worth an estimated £573,177. It was last sold for £335,500 in February 2014, which was around 18% above the average February 2014 detached price in the Harborough local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

8 CHAPEL FIELDS Sold Prices

Land registry data shows four sales for 8 CHAPEL FIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. two of the four 8 CHAPEL FIELDS sales were for above the average price, and four 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 26 FEB	£335,500	£284,096	18% above HPI
2011 31 AUG	£245,000	£263,901	7% below HPI
2008 3 APR	£235,000	£282,717	17% below HPI
1996 2 JUL	£95,500	£85,984	11% above HPI

8 CHAPEL FIELDS 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 four 8 CHAPEL FIELDS sales between July 1996 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 August 2011 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2014 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 8 CHAPEL FIELDS be worth now?

8 CHAPEL FIELDS might now be worth an estimated £573,177.

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 8 CHAPEL FIELDS of £335,500 on 26th February 2014. For the value to have increased from £335,500 to £573,177 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 8 CHAPEL FIELDS has moved in line with the HPI for detached houses in the Harborough local authority area.
• The February 2014 sale price of £335,500 represented a fair market value for the property.
• The size, condition, and specification of 8 CHAPEL FIELDS has not materially changed since February 2014.

How Large is 8 CHAPEL FIELDS?

8 CHAPEL FIELDS is 118m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 30% of detached houses houses in Swinford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swinford, and where 8 CHAPEL FIELDS lies on this distribution: 29% of detached houses houses are smaller than 8 CHAPEL FIELDS, and 71% of houses are larger. Note that EPC data is not available for all properties in Swinford.

8 CHAPEL FIELDS: Plot and Title Map

8 CHAPEL FIELDS sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 8 CHAPEL FIELDS, 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 8 CHAPEL FIELDS). 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 8 CHAPEL FIELDS?

8 CHAPEL FIELDS is located in SWINFORD, in the LE17 postcode district. The below map shows the position of No. 8 on CHAPEL FIELDS.