40, MULBERRY CLOSE, LUTTERWORTH, LE17 4DF - £265,000

40 MULBERRY CLOSE is a small detached house of 92m², built sometime between 1983 and 1990. It was last sold for £265,000 in January 2021, which was around 40% below the average January 2021 detached price in the Harborough local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

40 MULBERRY CLOSE Sold Prices

Land registry data shows four sales for 40 MULBERRY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the four 40 MULBERRY 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
2021 22 JAN	£265,000	£438,880	40% below HPI
2002 13 AUG	£136,950	£182,717	25% below HPI
1999 2 DEC	£87,950	£119,854	27% below HPI
1995 23 JUN	£70,750	£90,271	22% below HPI

40 MULBERRY CLOSE 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 four 40 MULBERRY CLOSE sales between June 1995 and January 2021 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 2002 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 40 MULBERRY CLOSE?

40 MULBERRY CLOSE is 92m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 30% of detached houses in Lutterworth, based on EPC data. The below chart shows the distribution of detached houses by size in Lutterworth, and where 40 MULBERRY CLOSE lies on this distribution: 21% of detached houses are smaller than 40 MULBERRY CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

40 MULBERRY CLOSE: Plot and Title Map

40 MULBERRY CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 40 MULBERRY 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 40 MULBERRY 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 40 MULBERRY CLOSE?

40 MULBERRY CLOSE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 40 on MULBERRY CLOSE.