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161, Lutterworth Road, Leicester is recorded publicly as a modern freehold house across 1,614 ft2 of internal area, sitting on a 424 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 161, Lutterworth Road, Leicester is £458,822 and its rental estimate is £1,453 per month, given the available information and assuming reasonable condition.
Lutterworth Road, Blaby, Leicester, LE8 falls within the LE8 postal district, in the borough of Blaby.
161, Lutterworth Road, Leicester has a single entry in the Land Registry from August 2020 and a single entry in the EPC database dated May 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 161, Lutterworth Road, Leicester, we estimate a market value of £481,763 and a rental value of £1,526 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £426,705 and £1,352 per month respectively.
Over the last year, 161, Lutterworth Road, Leicester has seen its estimated sale value decrease by £2,879 (0.6%) and its estimated rental value grow by £38 per month (2.6%). This results in an estimated gross rental yield of 3.8%.
HM Land Registry records the plot of land for 161, Lutterworth Road, Leicester as measuring 424 m2.
That makes it the 14th largest plot in the postcode, where 37 of the 45 other houses have recorded plot data.
161, Lutterworth Road, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 May 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 161, Lutterworth Road, Leicester completed on 7th August 2020 at £439,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 36.3% over the period since August 2020.
Over the past 2 years 3 properties similar to 161, Lutterworth Road, Leicester have sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th June 2021, was 12, Westfield Close, Leicester, LE8 4BX, a freehold house which sold for £447,500.
Read more about house prices in LE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 167 addresses on Lutterworth Road, Blaby, Leicester, LE8, 161, Lutterworth Road, Leicester comes out as the 8th largest and the 4th most expensive in our analysis of the public data.
It is also £130k more expensive than the average property across the LE8 district.
From 161, Lutterworth Road, Leicester, the nearest station is Narborough, 2.4 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 161, Lutterworth Road, Leicester, 41.1% of property is privately owned with a mortgage and 34.8% is privately owned outright.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 161, Lutterworth Road, Leicester, 17.3% of residents are recorded as possessing school level qualifications and 28.1% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 161, Lutterworth Road, Leicester, the average age was 43.4 and the most common age was 52.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 161, Lutterworth Road, Leicester, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 161, Lutterworth Road, Leicester, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.