SOUTHRISE, CRANMER LANE, NORTH KILWORTH, LUTTERWORTH, LE17 6EX - £433,000

SOUTHRISE is a large extended detached house of 175m², built sometime between 1967 and 1975. It was last sold for £433,000 in December 2014, which was around 34% above the average December 2014 detached price in the Harborough local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

SOUTHRISE Sold Prices

Land registry data shows two sales for SOUTHRISE 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 SOUTHRISE sales was for above the average price, whilst the other was 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
2014 12 DEC	£433,000	£322,112	34% above HPI
2003 2 MAY	£203,000	£214,970	6% below HPI

SOUTHRISE 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 SOUTHRISE sales from May 2003 and December 2014 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 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2014 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is SOUTHRISE?

SOUTHRISE is 175m², which includes three extensions, according to the EPC inspection conducted in March 2012. This puts it in the largest 40% of detached houses in North Kilworth, based on EPC data. The below chart shows the distribution of detached houses by size in North Kilworth, and where SOUTHRISE lies on this distribution: 69% of detached houses are smaller than SOUTHRISE, and 31% of houses are larger. Note that EPC data is not available for all properties in North Kilworth.

SOUTHRISE: Plot and Title Map

SOUTHRISE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of SOUTHRISE, 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 SOUTHRISE). 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 SOUTHRISE?

SOUTHRISE is located on CRANMER LANE in NORTH KILWORTH, in the LE17 postcode district. The below map shows the position of SOUTHRISE on CRANMER LANE.