SPRING WOOD, MAIN STREET, ULLESTHORPE, LUTTERWORTH, LE17 5BT - £345,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

SPRING WOOD is a small detached house of 106m². It was last sold for £345,000 in November 2021, which was around 23% below the average November 2021 detached price in the Harborough local authority area. The most recent EPC inspection was February 2014, where the current energy rating was B, and the potential energy rating was B.

SPRING WOOD Sold Prices

Land registry data shows three sales for SPRING WOOD 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 SPRING WOOD sales were 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
2021 1 NOV	£345,000	£445,337	23% below HPI
2016 25 AUG	£282,000	£350,365	20% below HPI
2014 23 MAY	£250,000	£306,251	18% below HPI

SPRING WOOD 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 SPRING WOOD sales between May 2014 and November 2021 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 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is SPRING WOOD?

SPRING WOOD is 106m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% of detached houses in Ullesthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Ullesthorpe, and where SPRING WOOD lies on this distribution: 26% of detached houses are smaller than SPRING WOOD, and 73% of houses are larger. Note that EPC data is not available for all properties in Ullesthorpe.

SPRING WOOD: Plot and Title Map

SPRING WOOD sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of SPRING WOOD, 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 SPRING WOOD). 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 SPRING WOOD?

SPRING WOOD is located on MAIN STREET in ULLESTHORPE, in the LE17 postcode district. The below map shows the position of SPRING WOOD on MAIN STREET.