43, STATION ROAD, LUTTERWORTH, LE17 4AP - £196,000

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.

43 STATION ROAD is a very small extended terraced house of 88m², built sometime between 1900 and 1929, which could now be worth an estimated £295,851. It was last sold for £196,000 in May 2016, which was around 18% above the average May 2016 terraced price in the Harborough local authority area. The most recent EPC inspection was November 2015, where the current energy rating was F, and the potential energy rating was C.

43 STATION ROAD Sold Prices

Land registry data shows four sales for 43 STATION ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Harborough local authority area for the corresponding sale date. All of the four 43 STATION ROAD sales were for above 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
2016 31 MAY	£196,000	£165,757	18% above HPI
2008 23 MAY	£175,000	£152,144	15% above HPI
2006 21 JUL	£158,500	£139,931	13% above HPI
1997 31 OCT	£59,000	£48,198	22% above HPI

43 STATION ROAD 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 four 43 STATION ROAD sales between October 1997 and May 2016 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 May 2008 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the May 2016 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 43 STATION ROAD be worth now?

43 STATION ROAD might now be worth an estimated £295,851.

This is based on house price inflation of 50.9%, between May 2016 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 50.9% inflationary increase is applied to the most recent sale price for 43 STATION ROAD of £196,000 on 31st May 2016. For the value to have increased from £196,000 to £295,851 over the ten years to May 2026, the following assumptions must hold true:

• The value of 43 STATION ROAD has moved in line with the HPI for terraced houses in the Harborough local authority area.
• The May 2016 sale price of £196,000 represented a fair market value for the property.
• The size, condition, and specification of 43 STATION ROAD has not materially changed since May 2016.

How Large is 43 STATION ROAD?

43 STATION ROAD is 88m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% 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 43 STATION ROAD lies on this distribution: 17% of terraced houses houses are smaller than 43 STATION ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

43 STATION ROAD: Plot and Title Map

43 STATION ROAD sits on a plot of roughly 0.032 of an acre, or 128m². The below map shows the location of 43 STATION 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 43 STATION 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 43 STATION ROAD?

43 STATION ROAD is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 43 on STATION ROAD.