2, Park Lane
2, Park Lane
Description & Estimates
2, Park Lane, Lutterworth is described in the public record as a mid-century house with 1,291 ft2 of internal area, sitting on a 371 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Park Lane, Lutterworth is £488,414 and its rental estimate is £1,619 per month, given the available information and assuming reasonable condition.
Park Lane, Walton, Lutterworth, LE17 falls within the LE17 postal district, in the borough of Harborough.
Our Data Sources
2, Park Lane, Lutterworth has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 2, Park Lane, Lutterworth, we estimate a market value of £512,834 and a rental value of £1,699 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £454,225 and £1,505 per month respectively.
Recent Market Change
Over the last year, 2, Park Lane, Lutterworth has seen its estimated sale value decline by £2,620 (0.5%) and its estimated rental value climb by £24 per month (1.5%). This results in an estimated gross rental yield of 4.0%.
Plot Size
HM Land Registry records the plot of land for 2, Park Lane, Lutterworth as measuring 371 m2.
That makes it the 15th largest plot in the postcode, where 17 of the 22 other houses have recorded plot data.
Energy Efficiency
2, Park Lane, Lutterworth has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 15 Mar 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 2, Park Lane, Lutterworth completed on 19th December 2003 at £225,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
- Sold Dec 2003£225,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Park Lane, Lutterworth have sold within a radius of 4.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th June 2023, was Barnwood, Park Lane, Lutterworth, LE17 5RQ, a freehold house which sold for £510,000.
Read more about house prices in LE17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 22 addresses on Park Lane, Walton, Lutterworth, LE17, 2, Park Lane, Lutterworth comes out as the 18th largest and the 17th most expensive in our analysis of the public data.
It is also £104k more expensive than the average property across the LE17 district.
More reading links
Schools Nearby
- 2.8kmGilmorton Chandler Church of England Primary School
- 4.3kmSt Andrew's Church of England Primary School, North Kilworth
- 5.2kmSouth Kilworth Church of England Primary School
- 6.2kmLutterworth College
- 6.6kmLutterworth High School
- 8.8kmThomas Estley Community College
More reading links
Public Transport Nearby
From 2, Park Lane, Lutterworth, the nearest station is South Wigston, 11.5 kilometres away.
- 11.5kmSouth Wigston
- 11.6kmNarborough
- 14.1kmRugby
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
