8, MACAULAY ROAD, LUTTERWORTH, LE17 4XB - £320,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 MACAULAY ROAD is a midsized detached house of 112m², built sometime between 1967 and 1975. It was last sold for £320,000 in August 2023, which was around 32% below the average August 2023 detached price in the Harborough local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

8 MACAULAY ROAD Sold Prices

Land registry data shows four sales for 8 MACAULAY ROAD 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. All of the four 8 MACAULAY 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
2023 18 AUG	£320,000	£470,840	32% below HPI
2009 25 SEP	£181,000	£252,814	28% below HPI
2004 17 JUN	£170,000	£240,045	29% below HPI
2002 18 OCT	£134,000	£189,951	29% below HPI

8 MACAULAY 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 four 8 MACAULAY ROAD sales between October 2002 and August 2023 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 2009 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 8 MACAULAY ROAD?

8 MACAULAY ROAD is 112m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 50% of detached houses in Lutterworth, based on EPC data. The below chart shows the distribution of detached houses by size in Lutterworth, and where 8 MACAULAY ROAD lies on this distribution: 45% of detached houses are smaller than 8 MACAULAY ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

8 MACAULAY ROAD: Plot and Title Map

8 MACAULAY ROAD sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 8 MACAULAY 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 8 MACAULAY 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 8 MACAULAY ROAD?

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