NEWSTEAD HOUSE, THE GREEN, BITTESWELL, LUTTERWORTH, LE17 4SG - £970,000

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

NEWSTEAD HOUSE is a very large extended detached house of 316m², built sometime before 1900. It was last sold for £970,000 in March 2022, which was around 116% above the average March 2022 detached price in the Harborough local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was C.

NEWSTEAD HOUSE Sold Prices

Land registry data shows two sales for NEWSTEAD 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 NEWSTEAD 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
2022 4 MAR	£970,000	£449,838	116% above HPI
1999 23 AUG	£505,000	£119,301	323% above HPI

NEWSTEAD 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 NEWSTEAD HOUSE sales from August 1999 and March 2022 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 1999 sale was for 323% above the HPI. So the extrapolation line tracks at 323% above the HPI over time, until the March 2022 sale, where it falls to 116% above the HPI. The line then continues to track at 116% above the HPI.

How Large is NEWSTEAD HOUSE?

NEWSTEAD HOUSE is 316m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 10% of detached houses in Bitteswell, based on EPC data. The below chart shows the distribution of detached houses by size in Bitteswell, and where NEWSTEAD HOUSE lies on this distribution: 95% of detached houses are smaller than NEWSTEAD HOUSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Bitteswell.

NEWSTEAD HOUSE: Plot and Title Map

NEWSTEAD HOUSE sits on a plot of roughly 0.455 of an acre, or 1,843m². The below map shows the location of NEWSTEAD 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 NEWSTEAD 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 NEWSTEAD HOUSE?

NEWSTEAD HOUSE is located on THE GREEN in BITTESWELL, in the LE17 postcode district. The below map shows the position of NEWSTEAD HOUSE on THE GREEN.