131, GREENACRES DRIVE, LUTTERWORTH, LE17 4RR - £280,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

131 GREENACRES DRIVE is a small extended detached house of 104m², built sometime between 1967 and 1975. It was last sold for £280,000 in May 2021, which was around 33% below the average May 2021 detached price in the Harborough local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

131 GREENACRES DRIVE Sold Prices

Land registry data shows two sales for 131 GREENACRES DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. Both of the two 131 GREENACRES DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 5 MAY	£280,000	£418,399	33% below HPI
2018 8 JUN	£240,000	£394,376	39% below HPI

131 GREENACRES DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The two 131 GREENACRES DRIVE sales from June 2018 and May 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2018 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2021 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 131 GREENACRES DRIVE?

131 GREENACRES DRIVE is 104m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 40% of detached houses in Lutterworth, based on EPC data. The below chart shows the distribution of detached houses by size in Lutterworth, and where 131 GREENACRES DRIVE lies on this distribution: 34% of detached houses are smaller than 131 GREENACRES DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

131 GREENACRES DRIVE: Plot and Title Map

131 GREENACRES DRIVE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 131 GREENACRES DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 131 GREENACRES DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 131 GREENACRES DRIVE?

131 GREENACRES DRIVE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 131 on GREENACRES DRIVE.