HEARTS FARM HOUSE, CHURCH DRIVE, GILMORTON, LUTTERWORTH, LE17 5LR - £620,000

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.

HEARTS FARM HOUSE is a very large extended detached house of 218m², built sometime between 1996 and 2002, which could now be worth an estimated £767,232. It was last sold for £620,000 in July 2020, which was around 58% above the average July 2020 detached price in the Harborough local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

HEARTS FARM HOUSE Sold Prices

Land registry data shows two sales for HEARTS FARM HOUSE 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. Both of the two HEARTS FARM HOUSE 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 3 JUL	£620,000	£392,217	58% above HPI
1997 14 JUL	£215,000	£96,462	123% above HPI

HEARTS FARM HOUSE 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 HEARTS FARM HOUSE sales from July 1997 and July 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 July 1997 sale was for 123% above the HPI. So the extrapolation line tracks at 123% above the HPI over time, until the July 2020 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might HEARTS FARM HOUSE be worth now?

HEARTS FARM HOUSE might now be worth an estimated £767,232.

This is based on house price inflation of 23.7%, between July 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 23.7% inflationary increase is applied to the most recent sale price for HEARTS FARM HOUSE of £620,000 on 3rd July 2020. For the value to have increased from £620,000 to £767,232 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of HEARTS FARM HOUSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The July 2020 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of HEARTS FARM HOUSE has not materially changed since July 2020.

How Large is HEARTS FARM HOUSE?

HEARTS FARM HOUSE is 218m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the largest 10% of detached houses houses in Gilmorton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gilmorton, and where HEARTS FARM HOUSE lies on this distribution: 90% of detached houses houses are smaller than HEARTS FARM HOUSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Gilmorton.

HEARTS FARM HOUSE: Plot and Title Map

HEARTS FARM HOUSE sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of HEARTS FARM HOUSE, 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 HEARTS FARM HOUSE). 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 HEARTS FARM HOUSE?

HEARTS FARM HOUSE is located on CHURCH DRIVE in GILMORTON, in the LE17 postcode district. The below map shows the position of HEARTS FARM HOUSE on CHURCH DRIVE.