THE FARRIERS, LUTTERWORTH ROAD, GILMORTON, LUTTERWORTH, LE17 5PN - £635,000

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

THE FARRIERS is a very large detached house of 204m², built sometime between 1996 and 2002. It was last sold for £635,000 in May 2018, which was around 63% above the average May 2018 detached price in the Harborough local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was C.

THE FARRIERS Sold Prices

Land registry data shows three sales for THE FARRIERS 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 THE FARRIERS 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
2018 25 MAY	£635,000	£389,949	63% above HPI
2004 25 MAY	£450,000	£238,550	89% above HPI
1999 24 SEP	£230,000	£118,726	94% above HPI

THE FARRIERS 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 THE FARRIERS sales between September 1999 and May 2018 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 2004 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the May 2018 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is THE FARRIERS?

THE FARRIERS is 204m² according to the EPC inspection conducted in June 2016. This puts it in the largest 20% of detached houses in Gilmorton, based on EPC data. The below chart shows the distribution of detached houses by size in Gilmorton, and where THE FARRIERS lies on this distribution: 81% of detached houses are smaller than THE FARRIERS, and 18% of houses are larger. Note that EPC data is not available for all properties in Gilmorton.

THE FARRIERS: Plot and Title Map

THE FARRIERS sits on a plot of roughly 0.198 of an acre, or 803m². The below map shows the location of THE FARRIERS, 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 THE FARRIERS). 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 THE FARRIERS?

THE FARRIERS is located on LUTTERWORTH ROAD in GILMORTON, in the LE17 postcode district. The below map shows the position of THE FARRIERS on LUTTERWORTH ROAD.