CROFT COTTAGE, LUTTERWORTH ROAD, GILMORTON, LUTTERWORTH, LE17 5PN - £160,000

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

CROFT COTTAGE is a very small extended semi-detached house of 79m², built sometime before 1900, which could now be worth an estimated £432,953. It was last sold for £160,000 in February 2003, which was around 39% above the average February 2003 semi-detached price in the Harborough local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

CROFT COTTAGE Sold Prices

Land registry data shows two sales for CROFT COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Harborough local authority area for the corresponding sale date. One of the two CROFT COTTAGE sales was for above the average price, whilst the other was 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
2003 6 FEB	£160,000	£115,079	39% above HPI
1996 18 DEC	£43,450	£53,466	19% below HPI

CROFT 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 two CROFT COTTAGE sales from December 1996 and February 2003 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 December 1996 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2003 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might CROFT COTTAGE be worth now?

CROFT COTTAGE might now be worth an estimated £432,953.

This is based on house price inflation of 170.6%, between February 2003 and December 2024, 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 170.6% inflationary increase is applied to the most recent sale price for CROFT COTTAGE of £160,000 on 6th February 2003. For the value to have increased from £160,000 to £432,953 over the twenty years and two months to December 2024, the following assumptions must hold true:

• The value of CROFT COTTAGE has moved in line with the HPI for semi-detached houses in the Harborough local authority area.
• The February 2003 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of CROFT COTTAGE has not materially changed since February 2003.

How Large is CROFT COTTAGE?

CROFT COTTAGE is 79m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of semi-detached houses houses in Gilmorton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gilmorton, and where CROFT COTTAGE lies on this distribution: 5% of semi-detached houses houses are smaller than CROFT COTTAGE, and 94% of houses are larger. Note that EPC data is not available for all properties in Gilmorton.

CROFT COTTAGE: Plot and Title Map

CROFT COTTAGE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of CROFT 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 CROFT 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 CROFT COTTAGE?

CROFT COTTAGE is located on LUTTERWORTH ROAD in GILMORTON, in the LE17 postcode district. The below map shows the position of CROFT COTTAGE on LUTTERWORTH ROAD.