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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Drage Cottage, Lutterworth is described in the public record as a period house with 1,214 ft2 of internal area, sitting on a 202 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Drage Cottage, Lutterworth is £513,191 and its rental estimate is £1,733 per month, given the available information and assuming reasonable condition.
Laughton, Lutterworth, LE17 falls within the LE17 postal district, in the borough of Harborough.
Drage Cottage, Lutterworth has no records in the the Land Registry and a single entry in the EPC database dated December 2008.
We combine this information with public data 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 Drage Cottage, Lutterworth, we estimate a market value of £538,851 and a rental value of £1,820 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £477,268 and £1,612 per month respectively.
Over the last year, Drage Cottage, Lutterworth has seen its estimated sale value drop by £2,753 (0.5%) and its estimated rental value rise by £26 per month (1.5%). This results in an estimated gross rental yield of 4.1%.
HM Land Registry records the plot of land for Drage Cottage, Lutterworth as measuring 202 m2.
That makes it the 5th largest plot in the postcode, where 5 of the 12 other houses have recorded plot data.
Drage Cottage, Lutterworth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Dec 2008.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to Drage Cottage, Lutterworth have sold within a radius of 4.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th November 2023, was The Mount, Main Street, Market Harborough, LE16 7RU, a freehold house which sold for £550,000.
Read more about house prices in LE17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 36 addresses on Laughton, Lutterworth, LE17, Drage Cottage, Lutterworth comes out as the 26th largest and the 24th most expensive in our analysis of the public data.
It is also £129k more expensive than the average property across the LE17 district.
From Drage Cottage, Lutterworth, the nearest station is Market Harborough, 8.4 kilometres away.
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.
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 Drage Cottage, Lutterworth, 41.4% of property is privately owned outright and 35.6% is privately owned with a mortgage.
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 Drage Cottage, Lutterworth, 12.9% of residents are recorded as possessing school level qualifications and 49.8% 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 Drage Cottage, Lutterworth, the average age was 43.8 and the most common age was 57.
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 Drage Cottage, Lutterworth, 1.5% 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 Drage Cottage, Lutterworth, there are an average of 1.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
