3, CLAY DRIVE, GILMORTON, LUTTERWORTH, LE17 5SL - £339,500

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

3 CLAY DRIVE is a very small detached house of 102m², built in 2020, which could now be worth an estimated £362,300. It was last sold for £339,500 in January 2023, which was around 26% below the average January 2023 detached price in the Harborough local authority area. The most recent EPC inspection was June 2021, where the current energy rating was B, and the potential energy rating was A.

3 CLAY DRIVE Sold Prices

Land registry data shows two sales for 3 CLAY 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 3 CLAY 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
2023 31 JAN	£339,500	£461,829	26% below HPI
2021 26 NOV	£335,995	£428,026	22% below HPI

3 CLAY 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 3 CLAY DRIVE sales from November 2021 and January 2023 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 2021 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 3 CLAY DRIVE be worth now?

3 CLAY DRIVE might now be worth an estimated £362,300.

This is based on house price inflation of 6.7%, between January 2023 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 6.7% inflationary increase is applied to the most recent sale price for 3 CLAY DRIVE of £339,500 on 31st January 2023. For the value to have increased from £339,500 to £362,300 over the one month to December 2024, the following assumptions must hold true:

• The value of 3 CLAY DRIVE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The January 2023 sale price of £339,500 represented a fair market value for the property.
• The size, condition, and specification of 3 CLAY DRIVE has not materially changed since January 2023.

How Large is 3 CLAY DRIVE?

3 CLAY DRIVE is 102m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% 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 3 CLAY DRIVE lies on this distribution: 14% of detached houses houses are smaller than 3 CLAY DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Gilmorton.

3 CLAY DRIVE: Plot and Title Map

3 CLAY DRIVE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 3 CLAY 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 3 CLAY 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 3 CLAY DRIVE?

3 CLAY DRIVE is located in GILMORTON, in the LE17 postcode district. The below map shows the position of No. 3 on CLAY DRIVE.