THE SLATES, MAIN ROAD, CLAYBROOKE MAGNA, LUTTERWORTH, LE17 5AX - £250,000

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 SLATES is a small extended detached house of 114m², built sometime before 1900. It was last sold for £250,000 in January 2014, which was around 13% below the average January 2014 detached price in the Harborough local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was B.

THE SLATES Sold Prices

Land registry data shows three sales for THE SLATES 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 SLATES 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
2014 31 JAN	£250,000	£288,850	13% below HPI
2009 7 AUG	£225,000	£250,141	10% below HPI
2009 13 MAR	£115,000	£234,729	51% below HPI

THE SLATES 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 SLATES sales between March 2009 and January 2014 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 2009 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2014 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is THE SLATES?

THE SLATES is 114m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the smallest 30% of detached houses in Claybrooke Magna, based on EPC data. The below chart shows the distribution of detached houses by size in Claybrooke Magna, and where THE SLATES lies on this distribution: 22% of detached houses are smaller than THE SLATES, and 75% of houses are larger. Note that EPC data is not available for all properties in Claybrooke Magna.

THE SLATES: Plot and Title Map

THE SLATES sits on a plot of roughly 0.106 of an acre, or 431m². The below map shows the location of THE SLATES, 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 SLATES). 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 SLATES?

THE SLATES is located on MAIN ROAD in CLAYBROOKE MAGNA, in the LE17 postcode district. The below map shows the position of THE SLATES on MAIN ROAD.