2, CHERRYTREE AVENUE, LUTTERWORTH, LE17 4SZ - £212,500

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.

2 CHERRYTREE AVENUE is a very small detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £314,749. It was last sold for £212,500 in August 2015, which was around 33% below the average August 2015 detached price in the Harborough local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

2 CHERRYTREE AVENUE Sold Prices

Land registry data shows two sales for 2 CHERRYTREE AVENUE 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 2 CHERRYTREE AVENUE 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 AUG	£212,500	£314,984	33% below HPI
2002 17 OCT	£140,000	£182,567	23% below HPI

2 CHERRYTREE AVENUE 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 2 CHERRYTREE AVENUE sales from October 2002 and August 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 October 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2015 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 2 CHERRYTREE AVENUE be worth now?

2 CHERRYTREE AVENUE might now be worth an estimated £314,749.

This is based on house price inflation of 48.1%, between August 2015 and April 2026, 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 48.1% inflationary increase is applied to the most recent sale price for 2 CHERRYTREE AVENUE of £212,500 on 21st August 2015. For the value to have increased from £212,500 to £314,749 over the eleven years and four months to April 2026, the following assumptions must hold true:

• The value of 2 CHERRYTREE AVENUE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The August 2015 sale price of £212,500 represented a fair market value for the property.
• The size, condition, and specification of 2 CHERRYTREE AVENUE has not materially changed since August 2015.

How Large is 2 CHERRYTREE AVENUE?

2 CHERRYTREE AVENUE is 77m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of detached houses houses in Lutterworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lutterworth, and where 2 CHERRYTREE AVENUE lies on this distribution: 10% of detached houses houses are smaller than 2 CHERRYTREE AVENUE, and 90% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

2 CHERRYTREE AVENUE: Plot and Title Map

2 CHERRYTREE AVENUE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 2 CHERRYTREE AVENUE, 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 2 CHERRYTREE AVENUE). 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 2 CHERRYTREE AVENUE?

2 CHERRYTREE AVENUE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 2 on CHERRYTREE AVENUE.