5, GREENACRES DRIVE, LUTTERWORTH, LE17 4TF - £305,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 GREENACRES DRIVE is a very small semi-detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £366,507. It was last sold for £305,000 in June 2021, which was around 20% above the average June 2021 semi-detached price in the Harborough local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

5 GREENACRES DRIVE Sold Prices

Land registry data shows four sales for 5 GREENACRES DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Harborough local authority area for the corresponding sale date. All of the four 5 GREENACRES DRIVE sales were 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
2021 16 JUN	£305,000	£254,271	20% above HPI
2010 15 JAN	£185,000	£156,648	18% above HPI
2003 23 MAY	£143,000	£123,932	15% above HPI
1995 27 NOV	£67,000	£51,433	30% above HPI

5 GREENACRES DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Harborough local authority area over time, sourced from the HPI. The four 5 GREENACRES DRIVE sales between November 1995 and June 2021 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 January 2010 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2021 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 5 GREENACRES DRIVE be worth now?

5 GREENACRES DRIVE might now be worth an estimated £366,507.

This is based on house price inflation of 20.2%, between June 2021 and February 2025, for semi-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 20.2% inflationary increase is applied to the most recent sale price for 5 GREENACRES DRIVE of £305,000 on 16th June 2021. For the value to have increased from £305,000 to £366,507 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 5 GREENACRES DRIVE has moved in line with the HPI for semi-detached houses in the Harborough local authority area.
• The June 2021 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GREENACRES DRIVE has not materially changed since June 2021.

How Large is 5 GREENACRES DRIVE?

5 GREENACRES DRIVE is 79m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 20% of semi-detached houses houses in Lutterworth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lutterworth, and where 5 GREENACRES DRIVE lies on this distribution: 11% of semi-detached houses houses are smaller than 5 GREENACRES DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

5 GREENACRES DRIVE: Plot and Title Map

5 GREENACRES DRIVE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 5 GREENACRES 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 GREENACRES 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 GREENACRES DRIVE?

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