THE LODGE, THE NOOK, BITTESWELL, LUTTERWORTH, LE17 4RY - £1,600,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE LODGE is a very large detached house of 624m², built sometime before 1900, which could now be worth an estimated £1,974,752. It was last sold for £1,600,000 in December 2018, which was around 307% above the average December 2018 detached price in the Harborough local authority area. The most recent EPC inspection was August 2018, where the current energy rating was E, and the potential energy rating was C.

THE LODGE Sold Prices

Land registry data shows two sales for THE LODGE 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 LODGE 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 20 DEC	£1,600,000	£393,250	307% above HPI
2006 14 AUG	£1,100,000	£264,396	316% above HPI

THE LODGE 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 LODGE sales from August 2006 and December 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 August 2006 sale was for 316% above the HPI. So the extrapolation line tracks at 316% above the HPI over time, until the December 2018 sale, where it falls to 307% above the HPI. The line then continues to track at 307% above the HPI.

What might THE LODGE be worth now?

THE LODGE might now be worth an estimated £1,974,752.

This is based on house price inflation of 23.4%, between December 2018 and February 2025, 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 23.4% inflationary increase is applied to the most recent sale price for THE LODGE of £1,600,000 on 20th December 2018. For the value to have increased from £1,600,000 to £1,974,752 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of THE LODGE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The December 2018 sale price of £1,600,000 represented a fair market value for the property.
• The size, condition, and specification of THE LODGE has not materially changed since December 2018.

How Large is THE LODGE?

THE LODGE is 624m² according to the EPC inspection conducted in August 2018. This puts it in the largest 10% of detached houses houses in Bitteswell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bitteswell, and where THE LODGE lies on this distribution: More than 99% of detached houses houses are smaller than THE LODGE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Bitteswell.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 4.9 acres, or 19,992m². The below map shows the location of THE LODGE, 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 LODGE). 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 LODGE?

THE LODGE is located on THE NOOK in BITTESWELL, in the LE17 postcode district. The below map shows the position of THE LODGE on THE NOOK.