15, LARCH DRIVE, LUTTERWORTH, LE17 4RD - £189,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

15 LARCH DRIVE is a very small semi-detached house of 68m², built sometime between 1950 and 1966. It was last sold for £189,000 in December 2015, which was around 46% below the average December 2015 detached price in the Harborough local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

15 LARCH DRIVE Sold Prices

Land registry data shows four sales for 15 LARCH DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the four 15 LARCH 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
2015 11 DEC	£189,000	£347,829	46% below HPI
2012 2 NOV	£165,000	£285,411	42% below HPI
2003 17 APR	£63,360	£207,346	69% below HPI
2000 1 SEP	£58,950	£139,849	58% below HPI

15 LARCH 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 four 15 LARCH DRIVE sales between September 2000 and December 2015 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 November 2012 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2015 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 15 LARCH DRIVE?

15 LARCH DRIVE is 68m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of detached houses in Lutterworth, based on EPC data. The below chart shows the distribution of detached houses by size in Lutterworth, and where 15 LARCH DRIVE lies on this distribution: 5% of detached houses are smaller than 15 LARCH DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

15 LARCH DRIVE: Plot and Title Map

15 LARCH DRIVE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 15 LARCH 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 15 LARCH 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 15 LARCH DRIVE?

15 LARCH DRIVE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 15 on LARCH DRIVE.