3, ROWAN DRIVE, LUTTERWORTH, LE17 4SP - £214,000

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

3 ROWAN DRIVE is a very small detached house of 61m², built sometime between 1950 and 1966. It was last sold for £214,000 in March 2017, which was around 39% below the average March 2017 detached price in the Harborough local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

3 ROWAN DRIVE Sold Prices

Land registry data shows four sales for 3 ROWAN 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 3 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
2017 30 MAR	£214,000	£352,565	39% below HPI
2014 30 OCT	£195,000	£320,875	39% below HPI
2002 13 AUG	£83,950	£182,717	54% below HPI
1997 7 FEB	£52,000	£94,817	45% below HPI

3 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 four 3 ROWAN DRIVE sales between February 1997 and March 2017 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 2014 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2017 sale, which was also at 39% below the HPI.

How Large is 3 ROWAN DRIVE?

3 ROWAN DRIVE is 61m² according to the EPC inspection conducted in July 2014. 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 3 ROWAN DRIVE lies on this distribution: 2% of detached houses are smaller than 3 ROWAN DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

3 ROWAN DRIVE: Plot and Title Map

3 ROWAN DRIVE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 3 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 3 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 3 ROWAN DRIVE?

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