THE FIRS, MILL ROAD, ULLESTHORPE, LUTTERWORTH, LE17 5DE - £155,000

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 FIRS is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £155,000 in August 2009, which was around 38% below the average August 2009 detached price in the Harborough local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

THE FIRS Sold Prices

Land registry data shows two sales for THE FIRS 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 THE FIRS 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
2009 12 AUG	£155,000	£250,141	38% below HPI
1998 24 APR	£79,000	£109,487	28% below HPI

THE FIRS 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 THE FIRS sales from April 1998 and August 2009 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 April 1998 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2009 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is THE FIRS?

THE FIRS is 71m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses in Ullesthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Ullesthorpe, and where THE FIRS lies on this distribution: 6% of detached houses are smaller than THE FIRS, and 94% of houses are larger. Note that EPC data is not available for all properties in Ullesthorpe.

THE FIRS: Plot and Title Map

THE FIRS sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of THE FIRS, 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 FIRS). 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 FIRS?

THE FIRS is located on MILL ROAD in ULLESTHORPE, in the LE17 postcode district. The below map shows the position of THE FIRS on MILL ROAD.