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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

NEWSTEAD HOUSE is a very large extended detached house of 316m², built sometime before 1900, which could now be worth an estimated £1,105,716. It was last sold for £970,000 in March 2022, which was around 124% 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	£432,352	124% above HPI
1999 23 AUG	£505,000	£114,663	340% 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 340% above the HPI. So the extrapolation line tracks at 340% above the HPI over time, until the March 2022 sale, where it falls to 124% above the HPI. The line then continues to track at 124% above the HPI.

What might NEWSTEAD HOUSE be worth now?

NEWSTEAD HOUSE might now be worth an estimated £1,105,716.

This is based on house price inflation of 14%, between March 2022 and December 2024, 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 14% inflationary increase is applied to the most recent sale price for NEWSTEAD HOUSE of £970,000 on 4th March 2022. For the value to have increased from £970,000 to £1,105,716 over the one year and three months to December 2024, the following assumptions must hold true:

• The value of NEWSTEAD HOUSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The March 2022 sale price of £970,000 represented a fair market value for the property.
• The size, condition, and specification of NEWSTEAD HOUSE has not materially changed since March 2022.

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 houses in Bitteswell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bitteswell, and where NEWSTEAD HOUSE lies on this distribution: 96% of detached houses houses are smaller than NEWSTEAD HOUSE, and 4% 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.