31, LUTTERWORTH ROAD, BURBAGE, HINCKLEY, LE10 2DJ - £147,000

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.

31 LUTTERWORTH ROAD is a very small extended terraced house of 75m², built sometime before 1900, which could now be worth an estimated £206,463. It was last sold for £147,000 in January 2018, which was around 3% above the average January 2018 terraced price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

31 LUTTERWORTH ROAD Sold Prices

Land registry data shows two sales for 31 LUTTERWORTH ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Hinckley and Bosworth local authority area for the corresponding sale date. One of the two 31 LUTTERWORTH ROAD 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
2018 31 JAN	£147,000	£143,310	3% above HPI
2005 23 MAR	£100,000	£104,826	5% below HPI

31 LUTTERWORTH ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The two 31 LUTTERWORTH ROAD sales from March 2005 and January 2018 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 March 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the January 2018 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 31 LUTTERWORTH ROAD be worth now?

31 LUTTERWORTH ROAD might now be worth an estimated £206,463.

This is based on house price inflation of 40.5%, between January 2018 and May 2026, for terraced houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.5% inflationary increase is applied to the most recent sale price for 31 LUTTERWORTH ROAD of £147,000 on 31st January 2018. For the value to have increased from £147,000 to £206,463 over the seven years and eight months to May 2026, the following assumptions must hold true:

• The value of 31 LUTTERWORTH ROAD has moved in line with the HPI for terraced houses in the Hinckley and Bosworth local authority area.
• The January 2018 sale price of £147,000 represented a fair market value for the property.
• The size, condition, and specification of 31 LUTTERWORTH ROAD has not materially changed since January 2018.

How Large is 31 LUTTERWORTH ROAD?

31 LUTTERWORTH ROAD is 75m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the smallest 20% of terraced houses houses in Hinckley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hinckley, and where 31 LUTTERWORTH ROAD lies on this distribution: 10% of terraced houses houses are smaller than 31 LUTTERWORTH ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

31 LUTTERWORTH ROAD: Plot and Title Map

31 LUTTERWORTH ROAD sits on a plot of roughly 0.017 of an acre, or 69m². The below map shows the location of 31 LUTTERWORTH ROAD, 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 31 LUTTERWORTH ROAD). 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 31 LUTTERWORTH ROAD?

31 LUTTERWORTH ROAD is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 31 on LUTTERWORTH ROAD.