Local market reports › LE area › LE17 › LE17 5
Leire market report LE17 5, Lutterworth
The LE17 5 (Leire) house price history in full, 1995 to 2026, in cash and in today's money. Underneath every chart here sit 3,313 registered sales in LE17 5 (Lutterworth) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the 2026 median for LE17 5 (Lutterworth) is £442,500, from 29 registered sales, up 18% on five years earlier; the mean is £499,900, and by floor area homes here have averaged about £3,420 per square metre over the last five years. Behind the figures sit 3,313 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
A postcode sector like LE17 5 is a single group of streets within LE17 (Lutterworth), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where LE17 5 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
Today's LE17 5 prices, from the sold record
In the LE17 5 property market, the 2026 median sale price is £442,500, from 29 registered sales; the mean, the "average house price" most sites quote, is £499,900, sitting somewhat above it, as happens wherever a market carries an expensive tail.
What a square metre costs in LE17 5
The last five years of sales put LE17 5 at roughly £3,420 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.
Set against the £285,000 England and Wales median, LE17 5 sits 55% above the national market.
LE17 5's median sold price, 1995 to 2026
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £442,500 | £442,500 | 29 |
| 2025 | £470,000 | £481,239 | 103 |
| 2024 | £417,500 | £443,888 | 68 |
| 2023 | £450,000 | £494,440 | 49 |
| 2022 | £402,000 | £471,391 | 91 |
| 2021 | £376,500 | £476,698 | 236 |
| 2020 | £365,000 | £473,595 | 189 |
| 2019 | £325,000 | £425,997 | 79 |
| 2018 | £340,000 | £453,226 | 99 |
| 2017 | £319,000 | £435,084 | 103 |
| 2016 | £291,000 | £407,112 | 82 |
| 2015 | £315,000 | £445,095 | 95 |
| 2014 | £272,500 | £386,589 | 111 |
| 2013 | £272,200 | £391,669 | 106 |
| 2012 | £250,000 | £367,969 | 63 |
| 2011 | £285,000 | £430,240 | 53 |
| 2010 | £262,400 | £411,511 | 70 |
| 2009 | £250,000 | £401,877 | 78 |
| 2008 | £280,000 | £458,979 | 54 |
| 2007 | £311,200 | £527,882 | 126 |
| 2006 | £250,000 | £433,968 | 117 |
| 2005 | £228,000 | £405,748 | 112 |
| 2004 | £211,000 | £383,217 | 142 |
| 2003 | £217,500 | £400,688 | 113 |
| 2002 | £180,000 | £338,668 | 127 |
| 2001 | £160,000 | £307,592 | 111 |
| 2000 | £130,000 | £255,125 | 123 |
| 1999 | £123,000 | £245,133 | 143 |
| 1998 | £125,000 | £252,321 | 105 |
| 1997 | £92,500 | £189,699 | 135 |
| 1996 | £90,000 | £189,806 | 113 |
| 1995 | £89,100 | £193,690 | 88 |
In cash terms the typical LE17 5 home went from £89,100 in 1995 to £442,500 in 2026, roughly 5 times the price. Inflation explains only part of it: in today's money the rise is still about 128%, a genuine increase in what a home here costs. Measured in today's money the market peaked in 2007; the current median sits about 16% below that. Someone who bought at the 2007 peak has not yet seen that price back in real terms.
Year-on-year change in the LE17 5 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 1998 (+35.1% on the year before); the weakest, 2012 (−12.3%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −5.9% | −8.0% |
| 5 years (since 2021) | +3.3% | −1.5% |
| 10 years (since 2016) | +4.3% | +0.8% |
| 20 years (since 2006) | +2.9% | +0.1% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
How many homes change hands in LE17 5
Sales per year, counted
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
Over the last twelve months of data, 29 sales completed in LE17 5. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 121 sales a year before the financial crisis and 68 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
What kind of market LE17 5 is
Only 29 sales completed here in the last twelve months of data, which makes LE17 5 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing. Against the LE17 district median, LE17 5 sits 40% higher, marking it as a dearer pocket of the district.
What tenants pay around LE17 5
LE17 5 falls under Harborough, where the ONS puts the average private rent at £962 a month (May 2026 figures). A one-bed averages £706 a month here and a four-or-more-bed £1,579, so size does most of the work in setting the rent.
Average monthly rent by size, Harborough
ONS Price Index of Private Rents, May 2026.
£962 a month is £11,544 a year, which against the £442,500 median sold price makes a gross yield of 2.6%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
LE17 5 (Leire): the questions that come up
Are property prices falling in LE17 5 (Leire)?
Is LE17 5 (Leire) a good place to buy a house?
How much did a house sell for in LE17 5 (Leire)?
Will LE17 5 prices rise from here?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 18% over five years in cash but down 7% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.
LE17's current homes for sale
Turning to what is actually available: 101 homes on the market right now, from 11 agents publishing to HomesIndex.
These cover the whole LE17 district, not just LE17 5: live asking prices are collected per district.
33% of what is on the market here is asking below what comparable homes actually sold for. Each listing is compared with recent recorded sales of similar homes nearby.
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every LE17 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
The price of an extra bedroom in LE
What homes of each size actually sold for across the LE area, from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £285,000 | £380,000 (+33%) | £560,000 (+47%) | £795,000 (+42%) |
| Semi-detached | £210,000 | £242,000 (+15%) | £282,000 (+17%) | £360,000 (+28%) | £500,000 (+39%) |
| Terraced | £183,000 | £205,000 (+12%) | £243,500 (+19%) | £310,000 (+27%) | £402,500 (+30%) |
| Flat | £125,000 | £152,750 (+22%) | £210,000 (+37%) | — | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
The spread across the LE area is the point: the same five years treated these districts very differently.
Winners and losers across the LE area, five years
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in LE17
A few minutes' walk can separate two very different markets. Here are LE17's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| LE17 4 | £290,000 | 62 |
| LE17 6 | £370,500 | 22 |
Zoom out to the full LE17 district report for the type split, monthly volumes and how LE17 compares with its neighbours.
Selling a home in LE17 5? Price it on the evidence
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in LE17 5, use the average prices map for a rough value: zoom from LE17 5's shading down to the sold homes on your own street. The figures above are every recorded LE17 5 sale; agents price with this same Land Registry record, and now you have it too.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim LE17 5.
Go deeper
The AI answers from the same Land Registry data this report is built on, already scoped to LE17 5. Free after a one click sign in.
The live map plots every individual LE17 5 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.