According to the public record, 24, Old Forge Road, Lutterworth is a mid-century freehold house with 699 ft2 of internal area and sits on a 257 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Old Forge Road, Ashby Magna, Lutterworth, LE17 is located in the borough of Harborough within the LE17 postal district.
24, Old Forge Road, Lutterworth has 21 entries in the Land Registry database, most recently in August 2021 and a single entry in the EPC database dated December 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 24 Old Forge Road Lutterworth as £276,887 and the rental value as £1,155 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 24 Old Forge Road Lutterworth has increased by £2,328 (0.8%) and its rental value has increased by £64 per month (5.5%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 24, Old Forge Road, Lutterworth is in very good condition we estimate a sale value of £290,731 and rental value of £1,213 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,504 and a rental value of £1,074 per month.
If you were able to purchase this property for the estimated value of £276,887, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,361 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 24, Old Forge Road, Lutterworth sits on a plot of 257m2.
We have plot size data on 15 out of 28 other houses in the postcode and 24, Old Forge Road, Lutterworth sits on the 15th largest plot.
According to HM Land Registry, 24, Old Forge Road, Lutterworth was last sold on 12 Aug 2021 for £262,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2021, the market for similar properties has risen 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Old Forge Road, Lutterworth within a radius of 3.3 kilometres over the last 2 years.
The most recent example is 22, Old Forge Road, Lutterworth, LE17 5NL, a Freehold house which sold for £265,000 in Oct 2020.
Read more about house prices in LE17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Forge Road, Ashby Magna, Lutterworth, LE17 has a total of 28 addresses. According to our analysis of all the public data, 24, Old Forge Road, Lutterworth is the 28th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £89k less expensive than the average property in LE17.
24, Old Forge Road, Lutterworth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Dec 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 24, Old Forge Road, Lutterworth is Narborough station which is 7.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 24, Old Forge Road, Lutterworth, 54.6% of property is privately owned outright and 39.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 24, Old Forge Road, Lutterworth, 17.8% of residents are recorded as possessing school level qualifications and 34.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 24, Old Forge Road, Lutterworth, the average age was 45.2 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 24, Old Forge Road, Lutterworth, 3.6% 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 24, Old Forge Road, Lutterworth, there are an average of 2.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.