THE RETREAT, THE CROSS, WALTON, LUTTERWORTH, LE17 5RJ - £232,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

THE RETREAT is a very small extended detached house of 95m², built sometime between 1983 and 1990. It was last sold for £232,500 in September 2015, which was around 29% below the average September 2015 detached price in the Harborough local authority area. The most recent EPC inspection was September 2022, where the current energy rating was E, and the potential energy rating was C.

THE RETREAT Sold Prices

Land registry data shows four sales for THE RETREAT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the four THE RETREAT 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
2015 21 SEP	£232,500	£329,029	29% below HPI
2003 12 DEC	£141,000	£223,260	37% below HPI
2000 7 JUL	£82,500	£130,274	37% below HPI
1997 1 SEP	£60,000	£102,063	41% below HPI

THE RETREAT 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 four THE RETREAT sales between September 1997 and September 2015 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 December 2003 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2015 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is THE RETREAT?

THE RETREAT is 95m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of detached houses in Walton, based on EPC data. The below chart shows the distribution of detached houses by size in Walton, and where THE RETREAT lies on this distribution: 8% of detached houses are smaller than THE RETREAT, and 92% of houses are larger. Note that EPC data is not available for all properties in Walton.

THE RETREAT: Plot and Title Map

THE RETREAT sits on a plot of roughly 0.031 of an acre, or 124m². The below map shows the location of THE RETREAT, 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 RETREAT). 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 RETREAT?

THE RETREAT is located on THE CROSS in WALTON, in the LE17 postcode district. The below map shows the position of THE RETREAT on THE CROSS.