16, LYNMOUTH DRIVE, GILMORTON, LUTTERWORTH, LE17 5PG - £485,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 LYNMOUTH DRIVE is a large detached house of 163m², built sometime between 1983 and 1990, which could now be worth an estimated £544,459. It was last sold for £485,000 in March 2022, which was around 12% above the average March 2022 detached price in the Harborough local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

16 LYNMOUTH DRIVE Sold Prices

Land registry data shows two sales for 16 LYNMOUTH 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 16 LYNMOUTH DRIVE sales were for above 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
2022 29 MAR	£485,000	£432,352	12% above HPI
1996 12 SEP	£105,000	£86,958	21% above HPI

16 LYNMOUTH 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 16 LYNMOUTH DRIVE sales from September 1996 and March 2022 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 September 1996 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the March 2022 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 16 LYNMOUTH DRIVE be worth now?

16 LYNMOUTH DRIVE might now be worth an estimated £544,459.

This is based on house price inflation of 12.3%, between March 2022 and February 2025, for detached houses, in the Harborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.3% inflationary increase is applied to the most recent sale price for 16 LYNMOUTH DRIVE of £485,000 on 29th March 2022. For the value to have increased from £485,000 to £544,459 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 16 LYNMOUTH DRIVE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The March 2022 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LYNMOUTH DRIVE has not materially changed since March 2022.

How Large is 16 LYNMOUTH DRIVE?

16 LYNMOUTH DRIVE is 163m² according to the EPC inspection conducted in October 2021. This puts it in the largest 40% of detached houses houses in Gilmorton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gilmorton, and where 16 LYNMOUTH DRIVE lies on this distribution: 65% of detached houses houses are smaller than 16 LYNMOUTH DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Gilmorton.

16 LYNMOUTH DRIVE: Plot and Title Map

16 LYNMOUTH DRIVE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 16 LYNMOUTH 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 16 LYNMOUTH 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 16 LYNMOUTH DRIVE?

16 LYNMOUTH DRIVE is located in GILMORTON, in the LE17 postcode district. The below map shows the position of No. 16 on LYNMOUTH DRIVE.