WELL HOUSE, PEVERIL ROAD, ASHBY MAGNA, LUTTERWORTH, LE17 5NQ - £451,000

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.

WELL HOUSE is a small detached house of 120m², built sometime between 1983 and 1990, which could now be worth an estimated £492,507. It was last sold for £451,000 in June 2022, which was around 1% above the average June 2022 detached price in the Harborough local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

WELL HOUSE Sold Prices

Land registry data shows two sales for WELL 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. Both of the two WELL HOUSE sales were 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
2022 23 JUN	£451,000	£444,453	1% above HPI
2000 30 NOV	£159,950	£134,451	19% above HPI

WELL 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 WELL HOUSE sales from November 2000 and June 2022 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 November 2000 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2022 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might WELL HOUSE be worth now?

WELL HOUSE might now be worth an estimated £492,507.

This is based on house price inflation of 9.2%, between June 2022 and February 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 9.2% inflationary increase is applied to the most recent sale price for WELL HOUSE of £451,000 on 23rd June 2022. For the value to have increased from £451,000 to £492,507 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of WELL HOUSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The June 2022 sale price of £451,000 represented a fair market value for the property.
• The size, condition, and specification of WELL HOUSE has not materially changed since June 2022.

How Large is WELL HOUSE?

WELL HOUSE is 120m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of detached houses houses in Ashby Magna, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashby Magna, and where WELL HOUSE lies on this distribution: 25% of detached houses houses are smaller than WELL HOUSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Ashby Magna.

WELL HOUSE: Plot and Title Map

WELL HOUSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of WELL 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 WELL 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 WELL HOUSE?

WELL HOUSE is located on PEVERIL ROAD in ASHBY MAGNA, in the LE17 postcode district. The below map shows the position of WELL HOUSE on PEVERIL ROAD.