According to the public record, The Old Forge, Lutterworth is a mid-century freehold house with 1,463 ft2 of internal area and sits on a 510 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Old Forge Road, Ashby Magna, Lutterworth, LE17 is located in the borough of Harborough within the LE17 postal district.
The Old Forge, Lutterworth has 2 entries in the Land Registry database, 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for The Old Forge Lutterworth as £411,797 and the rental value as £1,535 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of The Old Forge Lutterworth has decreased by £4,566 (1.1%) and its rental value has increased by £53 per month (3.5%).
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 The Old Forge, Lutterworth is in very good condition we estimate a sale value of £432,387 and rental value of £1,612 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £382,971 and a rental value of £1,427 per month.
If you were able to purchase this property for the estimated value of £411,797, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,024 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, The Old Forge, Lutterworth sits on a plot of 510m2.
We have plot size data on 15 out of 28 other houses in the postcode and The Old Forge, Lutterworth sits on the 9th largest plot.
According to HM Land Registry, The Old Forge, Lutterworth was last sold on 31 Mar 2017 for £360,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2017, the market for similar properties has risen 25.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Old Forge, Lutterworth within a radius of 3.2 kilometres over the last 2 years.
The most recent example is 30, Peveril Road, Lutterworth, LE17 5NQ, a Freehold house which sold for £310,000 in Jun 2022.
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, The Old Forge, Lutterworth is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £46k more expensive than the average property in LE17.
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 connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to The Old Forge, 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 The Old Forge, 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 The Old Forge, 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 The Old Forge, 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 The Old Forge, 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 The Old Forge, 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.