18, ROWAN DRIVE, LUTTERWORTH, LE17 4SP - £225,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 ROWAN DRIVE is a midsized extended detached house of 118m², built sometime between 1967 and 1975, which could now be worth an estimated £376,733. It was last sold for £225,000 in May 2014, which was around 24% below the average May 2014 detached price in the Harborough local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

18 ROWAN DRIVE Sold Prices

Land registry data shows two sales for 18 ROWAN 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 18 ROWAN 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
2014 23 MAY	£225,000	£294,346	24% below HPI
2001 26 OCT	£103,900	£142,221	27% below HPI

18 ROWAN 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 18 ROWAN DRIVE sales from October 2001 and May 2014 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 October 2001 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2014 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 18 ROWAN DRIVE be worth now?

18 ROWAN DRIVE might now be worth an estimated £376,733.

This is based on house price inflation of 67.4%, between May 2014 and December 2024, 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 67.4% inflationary increase is applied to the most recent sale price for 18 ROWAN DRIVE of £225,000 on 23rd May 2014. For the value to have increased from £225,000 to £376,733 over the nine years and five months to December 2024, the following assumptions must hold true:

• The value of 18 ROWAN DRIVE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The May 2014 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 18 ROWAN DRIVE has not materially changed since May 2014.

How Large is 18 ROWAN DRIVE?

18 ROWAN DRIVE is 118m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the largest 50% of detached houses houses in Lutterworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lutterworth, and where 18 ROWAN DRIVE lies on this distribution: 54% of detached houses houses are smaller than 18 ROWAN DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

18 ROWAN DRIVE: Plot and Title Map

18 ROWAN DRIVE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 18 ROWAN 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 18 ROWAN 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 18 ROWAN DRIVE?

18 ROWAN DRIVE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 18 on ROWAN DRIVE.