NEW HOUSE, MAIN STREET, GILMORTON, LUTTERWORTH, LE17 5LT - £315,000

NEW HOUSE is a large extended semi-detached house of 160m², built sometime between 1900 and 1929. It was last sold for £315,000 in July 2015, which was around 5% below the average July 2015 detached price in the Harborough local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was E.

NEW HOUSE Sold Prices

Land registry data shows two sales for NEW HOUSE 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. One of the two NEW HOUSE sales was for below the average price, whilst the other was 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
2015 6 JUL	£315,000	£330,096	5% below HPI
2005 25 JAN	£310,000	£250,927	24% above HPI

NEW HOUSE 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 NEW HOUSE sales from January 2005 and July 2015 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 2005 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the July 2015 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is NEW HOUSE?

NEW HOUSE is 160m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the largest 40% of detached houses in Gilmorton, based on EPC data. The below chart shows the distribution of detached houses by size in Gilmorton, and where NEW HOUSE lies on this distribution: 64% of detached houses are smaller than NEW HOUSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Gilmorton.

NEW HOUSE: Plot and Title Map

NEW HOUSE sits on a plot of roughly 0.114 of an acre, or 459m². The below map shows the location of NEW HOUSE, 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 NEW HOUSE). 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 NEW HOUSE?

NEW HOUSE is located on MAIN STREET in GILMORTON, in the LE17 postcode district. The below map shows the position of NEW HOUSE on MAIN STREET.