GARNERS COTTAGE, MAIN ROAD, CLAYBROOKE MAGNA, LUTTERWORTH, LE17 5AJ - £270,000

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.

GARNERS COTTAGE is a very small detached house of 72m², built sometime between 1900 and 1929, which could now be worth an estimated £314,754. It was last sold for £270,000 in February 2021, which was around 34% below the average February 2021 detached price in the Harborough local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

GARNERS COTTAGE Sold Prices

Land registry data shows four sales for GARNERS COTTAGE 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 GARNERS COTTAGE 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 8 FEB	£270,000	£407,197	34% below HPI
2019 25 JAN	£250,000	£394,757	37% below HPI
2005 2 SEP	£186,500	£256,217	27% below HPI
1999 21 SEP	£84,000	£114,111	26% below HPI

GARNERS COTTAGE 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 GARNERS COTTAGE sales between September 1999 and February 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 January 2019 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might GARNERS COTTAGE be worth now?

GARNERS COTTAGE might now be worth an estimated £314,754.

This is based on house price inflation of 16.6%, between February 2021 and June 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 16.6% inflationary increase is applied to the most recent sale price for GARNERS COTTAGE of £270,000 on 8th February 2021. For the value to have increased from £270,000 to £314,754 over the three years and eight months to June 2025, the following assumptions must hold true:

• The value of GARNERS COTTAGE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The February 2021 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of GARNERS COTTAGE has not materially changed since February 2021.

How Large is GARNERS COTTAGE?

GARNERS COTTAGE is 72m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses houses in Claybrooke Magna, based on EPC data. The below chart shows the distribution of detached houses houses by size in Claybrooke Magna, and where GARNERS COTTAGE lies on this distribution: Less than 1% of detached houses houses are smaller than GARNERS COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Claybrooke Magna.

GARNERS COTTAGE: Plot and Title Map

GARNERS COTTAGE sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of GARNERS COTTAGE, 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 GARNERS COTTAGE). 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 GARNERS COTTAGE?

GARNERS COTTAGE is located on MAIN ROAD in CLAYBROOKE MAGNA, in the LE17 postcode district. The below map shows the position of GARNERS COTTAGE on MAIN ROAD.