BIRCH COTTAGE, MAIN STREET, LEIRE, LUTTERWORTH, LE17 5EU - £263,000

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.

BIRCH COTTAGE is a very small semi-detached house of 92m², built sometime between 2003 and 2006, which could now be worth an estimated £330,447. It was last sold for £263,000 in September 2019, which was around 8% above the average September 2019 semi-detached price in the Harborough local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

BIRCH COTTAGE Sold Prices

Land registry data shows five sales for BIRCH COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Harborough local authority area for the corresponding sale date. Most of the five BIRCH COTTAGE 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
2019 13 SEP	£263,000	£243,183	8% above HPI
2017 27 MAR	£230,000	£206,460	11% above HPI
2012 19 DEC	£165,000	£169,458	3% below HPI
2006 22 SEP	£365,000	£167,050	118% above HPI
2004 30 JAN	£240,000	£134,510	78% above HPI

BIRCH COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Harborough local authority area over time, sourced from the HPI. The five BIRCH COTTAGE sales between January 2004 and September 2019 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 March 2017 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the September 2019 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might BIRCH COTTAGE be worth now?

BIRCH COTTAGE might now be worth an estimated £330,447.

This is based on house price inflation of 25.6%, between September 2019 and February 2025, for semi-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 25.6% inflationary increase is applied to the most recent sale price for BIRCH COTTAGE of £263,000 on 13th September 2019. For the value to have increased from £263,000 to £330,447 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of BIRCH COTTAGE has moved in line with the HPI for semi-detached houses in the Harborough local authority area.
• The September 2019 sale price of £263,000 represented a fair market value for the property.
• The size, condition, and specification of BIRCH COTTAGE has not materially changed since September 2019.

How Large is BIRCH COTTAGE?

BIRCH COTTAGE is 92m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 20% of semi-detached houses houses in Leire, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Leire, and where BIRCH COTTAGE lies on this distribution: 12% of semi-detached houses houses are smaller than BIRCH COTTAGE, and 88% of houses are larger. Note that EPC data is not available for all properties in Leire.

BIRCH COTTAGE: Plot and Title Map

BIRCH COTTAGE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of BIRCH COTTAGE, 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 BIRCH COTTAGE). 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 BIRCH COTTAGE?

BIRCH COTTAGE is located on MAIN STREET in LEIRE, in the LE17 postcode district. The below map shows the position of BIRCH COTTAGE on MAIN STREET.