5, ALEXANDER DRIVE, LUTTERWORTH, LE17 4YF - £239,950

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

5 ALEXANDER DRIVE is a small extended detached house of 92m², built sometime between 1991 and 1995, which could now be worth an estimated £347,092. It was last sold for £239,950 in April 2017, which was around 30% below the average April 2017 detached price in the Harborough local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

5 ALEXANDER DRIVE Sold Prices

Land registry data shows five sales for 5 ALEXANDER DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the five 5 ALEXANDER 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 21 APR	£239,950	£340,711	30% below HPI
2013 30 JUL	£197,500	£266,502	26% below HPI
2011 28 JUN	£182,500	£268,895	32% below HPI
2007 19 JUL	£204,950	£277,454	26% below HPI
1999 5 FEB	£79,250	£107,755	26% below HPI

5 ALEXANDER 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 five 5 ALEXANDER DRIVE sales between February 1999 and April 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 July 2013 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 5 ALEXANDER DRIVE be worth now?

5 ALEXANDER DRIVE might now be worth an estimated £347,092.

This is based on house price inflation of 44.7%, between April 2017 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 44.7% inflationary increase is applied to the most recent sale price for 5 ALEXANDER DRIVE of £239,950 on 21st April 2017. For the value to have increased from £239,950 to £347,092 over the six years and four months to December 2024, the following assumptions must hold true:

• The value of 5 ALEXANDER DRIVE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The April 2017 sale price of £239,950 represented a fair market value for the property.
• The size, condition, and specification of 5 ALEXANDER DRIVE has not materially changed since April 2017.

How Large is 5 ALEXANDER DRIVE?

5 ALEXANDER DRIVE is 92m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 30% 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 5 ALEXANDER DRIVE lies on this distribution: 21% of detached houses houses are smaller than 5 ALEXANDER DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

5 ALEXANDER DRIVE: Plot and Title Map

5 ALEXANDER DRIVE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 5 ALEXANDER 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 5 ALEXANDER 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 5 ALEXANDER DRIVE?

5 ALEXANDER DRIVE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 5 on ALEXANDER DRIVE.