41, LILAC DRIVE, LUTTERWORTH, LE17 4FP - £245,000

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

41 LILAC DRIVE is a large extended detached house of 134m², built sometime between 1996 and 2002. It was last sold for £245,000 in July 2012, which was around 11% below the average July 2012 detached price in the Harborough local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

41 LILAC DRIVE Sold Prices

Land registry data shows four sales for 41 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. Two of the four 41 LILAC DRIVE sales were for below the average price, whilst one was 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
2012 20 JUL	£245,000	£276,144	11% below HPI
2005 27 MAY	£246,000	£255,088	4% below HPI
2001 29 JUN	£146,500	£147,009	Close to HPI
1999 30 NOV	£122,950	£118,038	4% above HPI

41 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 41 LILAC DRIVE sales between November 1999 and July 2012 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 May 2005 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2012 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 41 LILAC DRIVE?

41 LILAC DRIVE is 134m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 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 41 LILAC DRIVE lies on this distribution: 73% of detached houses are smaller than 41 LILAC DRIVE, and 27% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

41 LILAC DRIVE: Plot and Title Map

41 LILAC DRIVE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 41 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 41 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 41 LILAC DRIVE?

41 LILAC DRIVE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 41 on LILAC DRIVE.