24, ROBINIA CLOSE, LUTTERWORTH, LE17 4FS - £195,000

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.

24 ROBINIA CLOSE is a very small terraced house of 54m², built sometime between 1991 and 1995, which could now be worth an estimated £240,309. It was last sold for £195,000 in December 2019, which was around 4% below the average December 2019 terraced price in the Harborough local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

24 ROBINIA CLOSE Sold Prices

Land registry data shows five sales for 24 ROBINIA CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Harborough local authority area for the corresponding sale date. Most of the five 24 ROBINIA CLOSE 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
2019 12 DEC	£195,000	£203,027	4% below HPI
2017 20 NOV	£167,000	£187,654	11% below HPI
2006 27 JAN	£130,000	£134,080	3% below HPI
2004 9 JAN	£108,500	£111,735	3% below HPI
1998 29 MAY	£57,950	£50,359	15% above HPI

24 ROBINIA CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Harborough local authority area over time, sourced from the HPI. The five 24 ROBINIA CLOSE sales between May 1998 and December 2019 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 November 2017 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2019 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 24 ROBINIA CLOSE be worth now?

24 ROBINIA CLOSE might now be worth an estimated £240,309.

This is based on house price inflation of 23.2%, between December 2019 and May 2026, for terraced 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 23.2% inflationary increase is applied to the most recent sale price for 24 ROBINIA CLOSE of £195,000 on 12th December 2019. For the value to have increased from £195,000 to £240,309 over the seven years and seven months to May 2026, the following assumptions must hold true:

• The value of 24 ROBINIA CLOSE has moved in line with the HPI for terraced houses in the Harborough local authority area.
• The December 2019 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 24 ROBINIA CLOSE has not materially changed since December 2019.

How Large is 24 ROBINIA CLOSE?

24 ROBINIA CLOSE is 54m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of terraced houses houses in Lutterworth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lutterworth, and where 24 ROBINIA CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 24 ROBINIA CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

24 ROBINIA CLOSE: Plot and Title Map

24 ROBINIA CLOSE sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 24 ROBINIA CLOSE, 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 24 ROBINIA CLOSE). 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 24 ROBINIA CLOSE?

24 ROBINIA CLOSE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 24 on ROBINIA CLOSE.