NORTHVIEW, PARK LANE, WALTON, LUTTERWORTH, LE17 5RQ - £680,000

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.

NORTHVIEW is a midsized detached house of 172m², built sometime between 1991 and 1995, which could now be worth an estimated £737,514. It was last sold for £680,000 in May 2022, which was around 52% above the average May 2022 detached price in the Harborough local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

NORTHVIEW Sold Prices

Land registry data shows three sales for NORTHVIEW 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 NORTHVIEW 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 20 MAY	£680,000	£447,507	52% above HPI
2001 8 AUG	£219,000	£141,389	55% above HPI
1997 28 APR	£154,000	£90,696	70% above HPI

NORTHVIEW 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 NORTHVIEW sales between April 1997 and May 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 2001 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the May 2022 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might NORTHVIEW be worth now?

NORTHVIEW might now be worth an estimated £737,514.

This is based on house price inflation of 8.5%, between May 2022 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 8.5% inflationary increase is applied to the most recent sale price for NORTHVIEW of £680,000 on 20th May 2022. For the value to have increased from £680,000 to £737,514 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of NORTHVIEW has moved in line with the HPI for detached houses in the Harborough local authority area.
• The May 2022 sale price of £680,000 represented a fair market value for the property.
• The size, condition, and specification of NORTHVIEW has not materially changed since May 2022.

How Large is NORTHVIEW?

NORTHVIEW is 172m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 50% of detached houses houses in Walton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Walton, and where NORTHVIEW lies on this distribution: 47% of detached houses houses are smaller than NORTHVIEW, and 53% of houses are larger. Note that EPC data is not available for all properties in Walton.

NORTHVIEW: Plot and Title Map

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

NORTHVIEW is located on PARK LANE in WALTON, in the LE17 postcode district. The below map shows the position of NORTHVIEW on PARK LANE.