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House Prices in LE17 House Prices in LE17 (Lutterworth)

The average house price in LE17 (Lutterworth) is £446,263 using HM Land Registry data.

The average property price increased by £61,338 (40.7%) over the last 5 years and increased by £12,290 (5.59%) over the last 12 months.

Over the last year, there were 208 residential property sales – a decrease of 76 transactions (-36.54%) relative to the previous year. The majority of house sales (51) were in the £190,000 - £266,000 range. Then came properties in the £266,000 - £342,000 range, where 47 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 95 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-18,818 (-4%).

In December 2024, there were 37 new estate agency instructions, 28 agreed home sales and 15 property price reductions.

Nearby Postcodes: CV11, CV12, CV13, CV2, CV21, CV22, CV23, CV3, CV33, CV47, CV7, CV8, LE10, LE15, LE16, LE18, LE19, LE2, LE3, LE6, LE67, LE7, LE8, LE87, LE9, NN11, NN14, NN17, NN18, NN2, NN29, NN3, NN5, NN6, NN7, NN8, NN9

5-Year Average Property Prices in LE17 (Lutterworth)

40.7%

Property prices in LE17 (Lutterworth) increased by 40.7% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in LE17 (Lutterworth) Over the Last Year

5.59%

Property prices in LE17 (Lutterworth) increased by 5.59% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for LE17 (Lutterworth) - December 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in LE17 (Lutterworth)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in LE17 (Lutterworth)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in LE17 (Lutterworth)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the LE17 (Lutterworth) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LE17 postcode area since 1995.

Recent Sales in LE17 (Lutterworth)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
10 Spruce Way, Lutterworth, Leicestershire, LE17 4UP£265,000£260,000-£5,00006 Jul 202408 Nov 2024125 Days
3 Lilac Drive, Lutterworth, Leicestershire, LE17 4FP£495,000£480,000-£15,00013 May 202401 Nov 2024172 Days
1 Hubbards Close, Ashby Magna, Lutterworth, Leicestershire, LE17 5NT£700,000£690,000-£10,00013 May 202401 Nov 2024172 Days
1 Highcroft, Husbands Bosworth, Lutterworth, Leicestershire, LE17 6LF£450,000£445,000-£5,00011 Jul 202429 Oct 2024110 Days
6 Willow Tree Crescent, Lutterworth, Leicestershire, LE17 4TD£265,000£260,000-£5,00026 Jul 202425 Oct 202491 Days
12 Church Lane, Dunton Bassett, Lutterworth, Leicestershire, LE17 5JX£439,950£430,000-£9,95002 Aug 202425 Oct 202484 Days
21 Douglas Bader Drive, Lutterworth, Leicestershire, LE17 4GT£279,950£277,000-£2,95005 Jun 202424 Oct 2024141 Days
10 Church Lane, Dunton Bassett, Lutterworth, Leicestershire, LE17 5JX£525,000£510,000-£15,00019 Apr 202424 Oct 2024188 Days
15 Forsythia Close, Lutterworth, Leicestershire, LE17 4FD£479,950£460,000-£19,95025 May 202418 Oct 2024146 Days
102 Woodmarket, Lutterworth, Leicestershire, LE17 4BZ£475,000£475,000£023 Jul 202408 Oct 202477 Days
Lorwood, Misterton Way, Lutterworth, Leicestershire, LE17 4AB£449,950£440,000-£9,95008 Mar 202420 Aug 2024165 Days
54 Lilac Drive, Lutterworth, Leicestershire, LE17 4FP£385,000£360,000-£25,00019 Mar 202416 Aug 2024150 Days
13 Poplar Avenue, Lutterworth, Leicestershire, LE17 4TH£265,000£255,000-£10,00001 Feb 202416 Aug 2024197 Days
32 Allfrey Close, Lutterworth, Leicestershire, LE17 4FH£285,000£277,500-£7,50011 Apr 202415 Aug 2024126 Days
58 Macaulay Road, Lutterworth, Leicestershire, LE17 4XB£415,000£399,000-£16,00026 Mar 202409 Aug 2024136 Days
3 Mountbatten Way, Lutterworth, Leicestershire, LE17 4YD£310,000£305,000-£5,00026 Mar 202406 Aug 2024133 Days
41 Holly Drive, Lutterworth, Leicestershire, LE17 4RL£315,000£302,000-£13,00014 Feb 202431 Jul 2024168 Days
Birchfield House, Gilmorton Road, Ashby Magna, Lutterworth, Leicestershire, LE17 5NE£549,950£525,000-£24,95018 Sep 202330 Jul 2024316 Days
8 Mill Grove, Lutterworth, Leicestershire, LE17 4BS£309,950£305,000-£4,95022 Mar 202429 Jul 2024129 Days
Wilford Cottage, 1, Main Street, Mowsley, Lutterworth, Leicestershire, LE17 6NU£375,000£370,000-£5,00001 Mar 202425 Jul 2024146 Days

Most Expensive Streets in LE17 (Lutterworth)

PostcodeStreetAreaAverageNo. of Sales
LE17 6QDLaughtonLutterworth£1,141,1004
LE17 6EZChurch Street, North KilworthLutterworth£921,8754
LE17 6DUNorth Road, South KilworthLutterworth£893,7504
LE17 5FUChestnut Drive, GilmortonLutterworth£848,3333
LE17 6JFLutterworth Road, North KilworthLutterworth£776,0004
LE17 5QHChurch Walk, BruntingthorpeLutterworth£740,0003
LE17 4SAValley Lane, BitteswellLutterworth£716,6663
LE17 5HFMain Street, LeireLutterworth£710,6254
LE17 6BJStanford Road, SwinfordLutterworth£678,3333
LE17 6JPBriar Rose Close, North KilworthLutterworth£675,0003

Least Expensive Streets in LE17 (Lutterworth)

PostcodeStreetAreaAverageNo. of Sales
LE17 6NAWells Close, Husbands BosworthLutterworth£167,5005
LE17 4ULThe HawthornsLutterworth£175,92121
LE17 4JJCromwell Close, WalcoteLutterworth£193,1109
LE17 5FQSawmill Place, Claybrooke MagnaLutterworth£194,4166
LE17 4NBCanada FieldsLutterworth£195,0003
LE17 4DAOrchard RoadLutterworth£197,1357
LE17 4EHMarket StreetLutterworth£199,4833
LE17 4ASRye Hill AvenueLutterworth£202,3333
LE17 4PGSpencer RoadLutterworth£202,6254
LE17 4NRCrescent RoadLutterworth£205,5628

Explore LE17 (Lutterworth) using map

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