ELMDENE, RUGBY ROAD, SWINFORD, LUTTERWORTH, LE17 6BW - £540,000

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.

ELMDENE is a very large extended detached house of 216m², built sometime between 1996 and 2002, which could now be worth an estimated £613,123. It was last sold for £540,000 in November 2020, which was around 26% above the average November 2020 detached price in the Harborough local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

ELMDENE Sold Prices

Land registry data shows three sales for ELMDENE 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 ELMDENE 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
2020 20 NOV	£540,000	£427,472	26% above HPI
2014 28 AUG	£405,000	£305,749	32% above HPI
2001 20 JUL	£290,000	£140,118	107% above HPI

ELMDENE 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 ELMDENE sales between July 2001 and November 2020 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 2014 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the November 2020 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might ELMDENE be worth now?

ELMDENE might now be worth an estimated £613,123.

This is based on house price inflation of 13.5%, between November 2020 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 13.5% inflationary increase is applied to the most recent sale price for ELMDENE of £540,000 on 20th November 2020. For the value to have increased from £540,000 to £613,123 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of ELMDENE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The November 2020 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of ELMDENE has not materially changed since November 2020.

How Large is ELMDENE?

ELMDENE is 216m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 20% 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 ELMDENE lies on this distribution: 82% of detached houses houses are smaller than ELMDENE, and 18% of houses are larger. Note that EPC data is not available for all properties in Swinford.

ELMDENE: Plot and Title Map

ELMDENE sits on a plot of roughly 0.204 of an acre, or 825m². The below map shows the location of ELMDENE, 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 ELMDENE). 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 ELMDENE?

ELMDENE is located on RUGBY ROAD in SWINFORD, in the LE17 postcode district. The below map shows the position of ELMDENE on RUGBY ROAD.