8, SWIFTWAY, LUTTERWORTH, LE17 4PB - £147,000

8 SWIFTWAY is a very small extended detached house of 81m², built sometime between 1950 and 1966. It was last sold for £147,000 in February 2016, which was around 57% 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	£343,768	57% below HPI
1997 16 MAY	£46,500	£98,363	53% 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 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the February 2016 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

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 in Lutterworth, based on EPC data. The below chart shows the distribution of detached houses by size in Lutterworth, and where 8 SWIFTWAY lies on this distribution: 13% of detached 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 0.068 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.