7, CHAPEL FIELDS, SWINFORD, LUTTERWORTH, LE17 6BS - £385,000

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.

7 CHAPEL FIELDS is a small detached house of 119m², built sometime between 1976 and 1982, which could now be worth an estimated £447,303. It was last sold for £385,000 in December 2020, which was around 8% below the average December 2020 detached price in the Harborough local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

7 CHAPEL FIELDS Sold Prices

Land registry data shows five sales for 7 CHAPEL FIELDS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. Most of the five 7 CHAPEL FIELDS 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
2020 7 DEC	£385,000	£417,754	8% below HPI
2016 12 FEB	£295,000	£330,405	11% below HPI
2005 22 APR	£224,000	£240,452	7% below HPI
2001 16 MAR	£123,500	£132,568	7% below HPI
1996 11 OCT	£90,000	£86,892	4% above HPI

7 CHAPEL FIELDS 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 five 7 CHAPEL FIELDS sales between October 1996 and December 2020 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 February 2016 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 7 CHAPEL FIELDS be worth now?

7 CHAPEL FIELDS might now be worth an estimated £447,303.

This is based on house price inflation of 16.2%, between December 2020 and February 2025, 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 16.2% inflationary increase is applied to the most recent sale price for 7 CHAPEL FIELDS of £385,000 on 7th December 2020. For the value to have increased from £385,000 to £447,303 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 7 CHAPEL FIELDS has moved in line with the HPI for detached houses in the Harborough local authority area.
• The December 2020 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CHAPEL FIELDS has not materially changed since December 2020.

How Large is 7 CHAPEL FIELDS?

7 CHAPEL FIELDS is 119m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 40% of detached houses houses in Swinford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swinford, and where 7 CHAPEL FIELDS lies on this distribution: 30% of detached houses houses are smaller than 7 CHAPEL FIELDS, and 68% of houses are larger. Note that EPC data is not available for all properties in Swinford.

7 CHAPEL FIELDS: Plot and Title Map

7 CHAPEL FIELDS sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 7 CHAPEL FIELDS, 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 7 CHAPEL FIELDS). 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 7 CHAPEL FIELDS?

7 CHAPEL FIELDS is located in SWINFORD, in the LE17 postcode district. The below map shows the position of No. 7 on CHAPEL FIELDS.