The Old Forge, Lutterworth
The Old Forge, Lutterworth
Description & Estimates
The Old Forge, Lutterworth is recorded publicly as a period freehold house across 1,463 ft2 of internal area, sitting on a 510 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of The Old Forge, Lutterworth is £487,038 and its rental estimate is £1,569 per month, given the available information and assuming reasonable condition.
Old Forge Road, Ashby Magna, Lutterworth, LE17 falls within the LE17 postal district, in the borough of Harborough.
Our Data Sources
The Old Forge, Lutterworth has 21 entries in the Land Registry , most recently in March 2017 and a single entry in the EPC database dated November 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 The Old Forge, Lutterworth, we estimate a market value of £511,390 and a rental value of £1,647 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £452,945 and £1,459 per month respectively.
Recent Market Change
Over the last year, The Old Forge, Lutterworth has seen its estimated sale value drop by £2,613 (0.5%) and its estimated rental value rise by £23 per month (1.5%). This results in an estimated gross rental yield of 3.9%.
Plot Size
HM Land Registry records the plot of land for The Old Forge, Lutterworth as measuring 510 m2.
That makes it the 19th largest plot in the postcode, where 26 of the 28 other houses have recorded plot data.
Energy Efficiency
The Old Forge, Lutterworth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Nov 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
The most recent sale of The Old Forge, Lutterworth completed on 31st March 2017 at £360,000 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 20.3% over the period since March 2017.
- Sold Mar 2017£360,000
- Sold Jun 2006£289,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to The Old Forge, Lutterworth have sold within a radius of 3.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd April 2021, was 16, Peveril Road, Lutterworth, LE17 5NQ, a freehold house which sold for £436,000.
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 28 addresses on Old Forge Road, Ashby Magna, Lutterworth, LE17, The Old Forge, Lutterworth comes out as the 19th largest and the 18th most expensive in our analysis of the public data.
It is also £102k more expensive than the average property across the LE17 district.
More reading links
Schools Nearby
- 1.7kmDunton Bassett Primary School
- 2.8kmGilmorton Chandler Church of England Primary School
- 3.7kmHallbrook Primary School
- 3.9kmThomas Estley Community College
- 5.1kmCountesthorpe Academy
- 6.2kmLutterworth College
More reading links
Public Transport Nearby
From The Old Forge, Lutterworth, the nearest station is Narborough, 7.0 kilometres away.
- 7.0kmNarborough
- 8.3kmSouth Wigston
- 13.7kmHinckley (Leics)
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.
