FRESHLANDS, LITTLE LANE, LEIRE, LUTTERWORTH, LE17 5HH - £425,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FRESHLANDS is a large extended detached house of 188m², built sometime between 1967 and 1975. It was last sold for £425,000 in December 2021, which was around 6% below the average December 2021 detached price in the Harborough local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was C.

FRESHLANDS Sold Prices

Land registry data shows two sales for FRESHLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. One of the two FRESHLANDS sales was for below the average price, whilst the other was 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
2021 21 DEC	£425,000	£450,396	6% below HPI
2000 23 JUN	£145,000	£127,978	13% above HPI

FRESHLANDS 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 two FRESHLANDS sales from June 2000 and December 2021 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 June 2000 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the December 2021 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is FRESHLANDS?

FRESHLANDS is 188m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 40% of detached houses in Leire, based on EPC data. The below chart shows the distribution of detached houses by size in Leire, and where FRESHLANDS lies on this distribution: 69% of detached houses are smaller than FRESHLANDS, and 31% of houses are larger. Note that EPC data is not available for all properties in Leire.

FRESHLANDS: Plot and Title Map

FRESHLANDS sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of FRESHLANDS, 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 FRESHLANDS). 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 FRESHLANDS?

FRESHLANDS is located on LITTLE LANE in LEIRE, in the LE17 postcode district. The below map shows the position of FRESHLANDS on LITTLE LANE.