FERNHURST, THE GREEN, LUBENHAM, MARKET HARBOROUGH, LE16 9TD - £605,000

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.

FERNHURST is a large detached house of 177m², built sometime between 1996 and 2002, which could now be worth an estimated £803,233. It was last sold for £605,000 in November 2017, which was around 65% above the average November 2017 detached price in the Harborough local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

FERNHURST Sold Prices

Land registry data shows three sales for FERNHURST 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 FERNHURST 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
2017 17 NOV	£605,000	£365,574	65% above HPI
2003 16 APR	£345,000	£199,286	73% above HPI
1998 8 DEC	£177,500	£105,874	68% above HPI

FERNHURST 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 FERNHURST sales between December 1998 and November 2017 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 April 2003 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the November 2017 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might FERNHURST be worth now?

FERNHURST might now be worth an estimated £803,233.

This is based on house price inflation of 32.8%, between November 2017 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 32.8% inflationary increase is applied to the most recent sale price for FERNHURST of £605,000 on 17th November 2017. For the value to have increased from £605,000 to £803,233 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of FERNHURST has moved in line with the HPI for detached houses in the Harborough local authority area.
• The November 2017 sale price of £605,000 represented a fair market value for the property.
• The size, condition, and specification of FERNHURST has not materially changed since November 2017.

How Large is FERNHURST?

FERNHURST is 177m² according to the EPC inspection conducted in August 2017. This puts it in the largest 30% of detached houses houses in Lubenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lubenham, and where FERNHURST lies on this distribution: 77% of detached houses houses are smaller than FERNHURST, and 23% of houses are larger. Note that EPC data is not available for all properties in Lubenham.

FERNHURST: Plot and Title Map

FERNHURST sits on a plot of roughly 0.179 of an acre, or 725m². The below map shows the location of FERNHURST, 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 FERNHURST). 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 FERNHURST?

FERNHURST is located on THE GREEN in LUBENHAM, in the LE16 postcode district. The below map shows the position of FERNHURST on THE GREEN.