THE GABLES, LUTTERWORTH ROAD, GILMORTON, LUTTERWORTH, LE17 5PN - £600,000

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 GABLES is a very large extended detached house of 217m², built sometime before 1900. It was last sold for £600,000 in November 2013, which was around 109% above the average November 2013 detached price in the Harborough local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was B.

THE GABLES Sold Prices

Land registry data shows three sales for THE GABLES 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 GABLES 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
2013 29 NOV	£600,000	£287,042	109% above HPI
2001 8 AUG	£337,000	£147,108	129% above HPI
1999 1 OCT	£261,500	£118,359	121% above HPI

THE GABLES 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 GABLES sales between October 1999 and November 2013 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 129% above the HPI. So the extrapolation line tracks at 129% above the HPI over time, until the November 2013 sale, where it falls to 109% above the HPI. The line then continues to track at 109% above the HPI.

How Large is THE GABLES?

THE GABLES is 217m², which includes one extension, according to the EPC inspection conducted in May 2013. 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 GABLES lies on this distribution: 87% of detached houses are smaller than THE GABLES, and 11% of houses are larger. Note that EPC data is not available for all properties in Gilmorton.

THE GABLES: Plot and Title Map

THE GABLES sits on a plot of roughly 0.226 of an acre, or 916m². The below map shows the location of THE GABLES, 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 GABLES). 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 GABLES?

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