THE PEECE, MAIN STREET, ASHBY PARVA, LUTTERWORTH, LE17 5HU - £572,000

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 PEECE is a very large extended detached house of 195m², built sometime between 1950 and 1966, which could now be worth an estimated £821,902. It was last sold for £572,000 in December 2016, which was around 67% above the average December 2016 detached price in the Harborough local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

THE PEECE Sold Prices

Land registry data shows three sales for THE PEECE 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 PEECE 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
2016 21 DEC	£572,000	£342,993	67% above HPI
2011 31 MAY	£499,950	£266,688	87% above HPI
2003 26 JUN	£345,000	£203,965	69% above HPI

THE PEECE 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 PEECE sales between June 2003 and December 2016 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 2011 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the December 2016 sale, where it falls to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might THE PEECE be worth now?

THE PEECE might now be worth an estimated £821,902.

This is based on house price inflation of 43.7%, between December 2016 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 43.7% inflationary increase is applied to the most recent sale price for THE PEECE of £572,000 on 21st December 2016. For the value to have increased from £572,000 to £821,902 over the eight years to December 2024, the following assumptions must hold true:

• The value of THE PEECE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The December 2016 sale price of £572,000 represented a fair market value for the property.
• The size, condition, and specification of THE PEECE has not materially changed since December 2016.

How Large is THE PEECE?

THE PEECE is 195m², which includes two extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 20% of detached houses houses in Ashby Parva, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashby Parva, and where THE PEECE lies on this distribution: 85% of detached houses houses are smaller than THE PEECE, and 15% of houses are larger. Note that EPC data is not available for all properties in Ashby Parva.

THE PEECE: Plot and Title Map

THE PEECE sits on a plot of roughly 0.407 of an acre, or 1,648m². The below map shows the location of THE PEECE, 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 PEECE). 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 PEECE?

THE PEECE is located on MAIN STREET in ASHBY PARVA, in the LE17 postcode district. The below map shows the position of THE PEECE on MAIN STREET.