8, SWIFTWAY, LUTTERWORTH, LE17 4PB - £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.

8 SWIFTWAY is a very small extended detached house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £215,939. It was last sold for £147,000 in February 2016, which was around 56% below the average February 2016 detached price in the Harborough local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

8 SWIFTWAY Sold Prices

Land registry data shows two sales for 8 SWIFTWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. Both of the two 8 SWIFTWAY 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
2016 17 FEB	£147,000	£330,405	56% below HPI
1997 16 MAY	£46,500	£94,540	51% below HPI

8 SWIFTWAY 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 two 8 SWIFTWAY sales from May 1997 and February 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 1997 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the February 2016 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

What might 8 SWIFTWAY be worth now?

8 SWIFTWAY might now be worth an estimated £215,939.

This is based on house price inflation of 46.9%, between February 2016 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 46.9% inflationary increase is applied to the most recent sale price for 8 SWIFTWAY of £147,000 on 17th February 2016. For the value to have increased from £147,000 to £215,939 over the nine years to February 2025, the following assumptions must hold true:

• The value of 8 SWIFTWAY has moved in line with the HPI for detached houses in the Harborough local authority area.
• The February 2016 sale price of £147,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SWIFTWAY has not materially changed since February 2016.

How Large is 8 SWIFTWAY?

8 SWIFTWAY is 81m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% of detached houses houses in Lutterworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lutterworth, and where 8 SWIFTWAY lies on this distribution: 12% of detached houses houses are smaller than 8 SWIFTWAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

8 SWIFTWAY: Plot and Title Map

8 SWIFTWAY sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 8 SWIFTWAY, 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 8 SWIFTWAY). 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 8 SWIFTWAY?

8 SWIFTWAY is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 8 on SWIFTWAY.