RAYSIL, STATION ROAD, LUTTERWORTH, LE17 4AP - £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.

RAYSIL is a small detached house of 95m², built sometime between 1983 and 1990, which could now be worth an estimated £370,651. It was last sold for £270,000 in June 2017, which was around 23% below the average June 2017 detached price in the Harborough local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

RAYSIL Sold Prices

Land registry data shows one sale for RAYSIL since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Harborough local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 16 JUN	£270,000	£348,506	23% below HPI

What might RAYSIL be worth now?

RAYSIL might now be worth an estimated £370,651.

This is based on house price inflation of 37.3%, between June 2017 and July 2026, 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 37.3% inflationary increase is applied to the most recent sale price for RAYSIL of £270,000 on 16th June 2017. For the value to have increased from £270,000 to £370,651 over the eight years and eleven months to July 2026, the following assumptions must hold true:

• The value of RAYSIL has moved in line with the HPI for detached houses in the Harborough local authority area.
• The June 2017 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of RAYSIL has not materially changed since June 2017.

How Large is RAYSIL?

RAYSIL is 95m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% of detached houses in Lutterworth, based on EPC data. The below chart shows the distribution of detached houses by size in Lutterworth, and where RAYSIL lies on this distribution: 24% of detached houses are smaller than RAYSIL, and 74% of detached houses are larger. Note that EPC data is not available for all properties in Lutterworth.

RAYSIL: Plot

RAYSIL sits on a plot of roughly 0.127 of an acre, or 515m².

Where is RAYSIL?

RAYSIL is located on STATION ROAD in LUTTERWORTH, in the LE17 postcode district.