Old Post Office, Lutterworth
Old Post Office, Lutterworth
Description & Estimates
Old Post Office, Lutterworth appears in the public record as a freehold house sitting on a 1,016 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 2,327 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of Old Post Office, Lutterworth is £568,510 and its rental estimate is £2,058 per month, given the available information and assuming reasonable condition.
Station Road, Ullesthorpe, Lutterworth, LE17 falls within the LE17 postal district, in the borough of Harborough.
Our Data Sources
Old Post Office, Lutterworth has 21 entries in the Land Registry , most recently in June 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Old Post Office, Lutterworth, we estimate a market value of £596,935 and a rental value of £2,160 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £528,714 and £1,914 per month respectively.
Recent Market Change
Over the last year, Old Post Office, Lutterworth has seen its estimated sale value drop by £5,300 (0.9%) and its estimated rental value rise by £39 per month (1.9%). This results in an estimated gross rental yield of 4.3%.
Plot Size
HM Land Registry records the plot of land for Old Post Office, Lutterworth as measuring 1,016 m2.
That makes it the 3rd largest plot in the postcode, where 14 of the 18 other houses have recorded plot data.
Sold Prices
The most recent sale of Old Post Office, Lutterworth completed on 16th June 2017 at £565,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 23.3% over the period since June 2017.
- Sold Jun 2017£565,000
- Sold Sep 2002£182,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Old Post Office, Lutterworth have sold within a radius of 3.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th February 2023, was Rye Hill, Mill Road, Lutterworth, LE17 5DE, a freehold house which sold for £650,000.
Read more about house prices in LE17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 18 addresses on Station Road, Ullesthorpe, Lutterworth, LE17, Old Post Office, Lutterworth comes out as the 2nd largest and the most expensive in our analysis of the public data.
It is also £184k more expensive than the average property across the LE17 district.
More reading links
Schools Nearby
- 200mUllesthorpe Church of England Primary School
- 1.4kmClaybrooke Primary School
- 3.5kmSt Mary's Church of England Primary School, Bitteswell
- 4.1kmLutterworth College
- 4.7kmLutterworth High School
- 5.6kmThomas Estley Community College
More reading links
Public Transport Nearby
From Old Post Office, Lutterworth, the nearest station is Hinckley (Leics), 9.7 kilometres away.
- 9.7kmHinckley (Leics)
- 10.3kmNarborough
- 11.7kmRugby
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
