15, LILAC DRIVE, LUTTERWORTH, LE17 4FP - £318,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 LILAC DRIVE is a small detached house of 99m², built sometime between 1996 and 2002. It was last sold for £318,000 in August 2021, which was around 25% below the average August 2021 detached price in the Harborough local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

15 LILAC DRIVE Sold Prices

Land registry data shows four sales for 15 LILAC 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 LILAC 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 23 AUG	£318,000	£425,589	25% below HPI
2016 21 JAN	£247,500	£344,274	28% below HPI
2014 12 DEC	£235,000	£322,112	27% below HPI
1998 28 MAY	£99,500	£107,859	8% below HPI

15 LILAC 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 LILAC DRIVE sales between May 1998 and August 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 January 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 15 LILAC DRIVE?

15 LILAC DRIVE is 99m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 30% 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 LILAC DRIVE lies on this distribution: 30% of detached houses are smaller than 15 LILAC DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

15 LILAC DRIVE: Plot and Title Map

15 LILAC DRIVE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 15 LILAC 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 LILAC 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 LILAC DRIVE?

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