SOUTHRISE, CRANMER LANE, NORTH KILWORTH, LUTTERWORTH, LE17 6EX - £433,000

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.

SOUTHRISE is a large extended detached house of 175m², built sometime between 1967 and 1975, which could now be worth an estimated £678,828. It was last sold for £433,000 in December 2014, which was around 40% above the average December 2014 detached price in the Harborough local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

SOUTHRISE Sold Prices

Land registry data shows two sales for SOUTHRISE 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 SOUTHRISE sales was for above the average price, whilst the other was for below 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
2014 12 DEC	£433,000	£309,592	40% above HPI
2003 2 MAY	£203,000	£206,614	2% below HPI

SOUTHRISE 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 SOUTHRISE sales from May 2003 and December 2014 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 May 2003 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2014 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might SOUTHRISE be worth now?

SOUTHRISE might now be worth an estimated £678,828.

This is based on house price inflation of 56.8%, between December 2014 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 56.8% inflationary increase is applied to the most recent sale price for SOUTHRISE of £433,000 on 12th December 2014. For the value to have increased from £433,000 to £678,828 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of SOUTHRISE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The December 2014 sale price of £433,000 represented a fair market value for the property.
• The size, condition, and specification of SOUTHRISE has not materially changed since December 2014.

How Large is SOUTHRISE?

SOUTHRISE is 175m², which includes three extensions, according to the EPC inspection conducted in March 2012. This puts it in the largest 40% of detached houses houses in North Kilworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Kilworth, and where SOUTHRISE lies on this distribution: 67% of detached houses houses are smaller than SOUTHRISE, and 33% of houses are larger. Note that EPC data is not available for all properties in North Kilworth.

SOUTHRISE: Plot and Title Map

SOUTHRISE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of SOUTHRISE, 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 SOUTHRISE). 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 SOUTHRISE?

SOUTHRISE is located on CRANMER LANE in NORTH KILWORTH, in the LE17 postcode district. The below map shows the position of SOUTHRISE on CRANMER LANE.