TYE COTTAGE, MAIN STREET, THORPE LANGTON, MARKET HARBOROUGH, LE16 7TS - £315,000

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

TYE COTTAGE is a small extended detached house of 145m², built sometime before 1900. It was last sold for £315,000 in August 2004, which was around 27% above the average August 2004 detached price in the Harborough local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

TYE COTTAGE Sold Prices

Land registry data shows two sales for TYE COTTAGE 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. One of the two TYE COTTAGE sales was for above the average price, whilst the other was 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
2004 25 AUG	£315,000	£248,428	27% above HPI
2001 24 JUL	£142,000	£145,785	3% below HPI

TYE COTTAGE 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 TYE COTTAGE sales from July 2001 and August 2004 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 July 2001 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2004 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is TYE COTTAGE?

TYE COTTAGE is 145m², which includes three extensions, according to the EPC inspection conducted in June 2023. This puts it in the smallest 20% of detached houses in Thorpe Langton, based on EPC data. The below chart shows the distribution of detached houses by size in Thorpe Langton, and where TYE COTTAGE lies on this distribution: 20% of detached houses are smaller than TYE COTTAGE, and 80% of houses are larger. Note that EPC data is not available for all properties in Thorpe Langton.

TYE COTTAGE: Plot and Title Map

TYE COTTAGE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of TYE COTTAGE, 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 TYE COTTAGE). 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 TYE COTTAGE?

TYE COTTAGE is located on MAIN STREET in THORPE LANGTON, in the LE16 postcode district. The below map shows the position of TYE COTTAGE on MAIN STREET.