8, JASMINE CLOSE, LUTTERWORTH, LE17 4FE - £215,000

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

8 JASMINE CLOSE is a small extended detached house of 106m², built sometime between 1996 and 2002, which could now be worth an estimated £346,138. It was last sold for £215,000 in July 2014, which was around 30% below the average July 2014 detached price in the Harborough local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

8 JASMINE CLOSE Sold Prices

Land registry data shows three sales for 8 JASMINE 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 8 JASMINE 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 25 JUL	£215,000	£306,125	30% below HPI
2003 8 SEP	£176,000	£217,942	19% below HPI
2001 30 MAR	£116,950	£132,568	12% below HPI

8 JASMINE 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 8 JASMINE CLOSE sales between March 2001 and July 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 September 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2014 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 8 JASMINE CLOSE be worth now?

8 JASMINE CLOSE might now be worth an estimated £346,138.

This is based on house price inflation of 61%, between July 2014 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 61% inflationary increase is applied to the most recent sale price for 8 JASMINE CLOSE of £215,000 on 25th July 2014. For the value to have increased from £215,000 to £346,138 over the nine years and seven months to December 2024, the following assumptions must hold true:

• The value of 8 JASMINE CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The July 2014 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 8 JASMINE CLOSE has not materially changed since July 2014.

How Large is 8 JASMINE CLOSE?

8 JASMINE CLOSE is 106m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the smallest 40% 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 8 JASMINE CLOSE lies on this distribution: 38% of detached houses houses are smaller than 8 JASMINE CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

8 JASMINE CLOSE: Plot and Title Map

8 JASMINE CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 8 JASMINE 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 8 JASMINE 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 8 JASMINE CLOSE?

8 JASMINE CLOSE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 8 on JASMINE CLOSE.