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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE GABLES is a very large extended detached house of 217m², built sometime before 1900, which could now be worth an estimated £1,071,850. It was last sold for £600,000 in November 2013, which was around 117% 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	£275,884	117% above HPI
2001 8 AUG	£337,000	£141,389	138% above HPI
1999 1 OCT	£261,500	£113,758	130% 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 138% above the HPI. So the extrapolation line tracks at 138% above the HPI over time, until the November 2013 sale, where it falls to 117% above the HPI. The line then continues to track at 117% above the HPI.

What might THE GABLES be worth now?

THE GABLES might now be worth an estimated £1,071,850.

This is based on house price inflation of 78.6%, between November 2013 and December 2024, 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 78.6% inflationary increase is applied to the most recent sale price for THE GABLES of £600,000 on 29th November 2013. For the value to have increased from £600,000 to £1,071,850 over the ten years and eleven months to December 2024, the following assumptions must hold true:

• The value of THE GABLES has moved in line with the HPI for detached houses in the Harborough local authority area.
• The November 2013 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of THE GABLES has not materially changed since November 2013.

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 houses in Gilmorton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gilmorton, and where THE GABLES lies on this distribution: 87% of detached houses 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.