According to the public record, The Paddock, Lutterworth is a mid-century house with 1,700 ft2 of internal area and sits on a 952 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Fenny Lane, Shearsby, Lutterworth, LE17 is located in the borough of Harborough within the LE17 postal district.
The Paddock, Lutterworth has no recent1 records in the Land Registry database and a single entry in the EPC database dated December 2013.
We combine this information with public data 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 Paddock Lutterworth as £595,294 and the rental value as £1,755 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of The Paddock Lutterworth has decreased by £4,984 (0.8%) and its rental value has increased by £55 per month (3.1%).
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 Paddock, Lutterworth is in very good condition we estimate a sale value of £625,059 and rental value of £1,843 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £553,624 and a rental value of £1,633 per month.
If you were able to purchase this property for the estimated value of £595,294, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,926 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 Paddock, Lutterworth sits on a plot of 952m2.
We have plot size data on 9 out of 11 other houses in the postcode and The Paddock, Lutterworth sits on the 2nd largest plot.
According to HM Land Registry, The Paddock, Lutterworth was last sold on 12 Feb 1998 for £137,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Paddock, Lutterworth within a radius of 3.6 kilometres over the last 2 years.
The most recent example is Newstead, Fenny Lane, Lutterworth, LE17 6PL, a Freehold house which sold for £465,000 in Apr 2021.
Read more about house prices in LE17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fenny Lane, Shearsby, Lutterworth, LE17 has a total of 11 addresses. According to our analysis of all the public data, The Paddock, Lutterworth is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £229k more expensive than the average property in LE17.
The Paddock, Lutterworth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Dec 2013.
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 The Paddock, Lutterworth is South Wigston station which is 8.6 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 Paddock, Lutterworth, 57.0% of property is privately owned outright and 24.0% 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 Paddock, Lutterworth, 12.5% of residents are recorded as possessing school level qualifications and 40.3% 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 Paddock, 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 Paddock, Lutterworth, 0.9% 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 Paddock, Lutterworth, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.