Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
5 LILAC DRIVE is a midsized detached house of 118m², built sometime between 1996 and 2002. It was last sold for £240,500 in December 2013, which was around 15% below the average December 2013 detached price in the Harborough local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 5 LILAC DRIVE since 1st 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. Most of the four 5 LILAC 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 |
---|---|---|---|
2013 20 DEC | £240,500 | £283,377 | 15% below HPI |
2012 24 OCT | £218,000 | £282,714 | 23% below HPI |
2002 22 MAR | £149,000 | £155,864 | 4% below HPI |
2000 25 FEB | £129,950 | £127,819 | 2% above HPI |
The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The four 5 LILAC DRIVE sales between February 2000 and December 2013 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 2012 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2013 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.
5 LILAC DRIVE is 118m² according to the EPC inspection conducted in July 2012. This puts it in the largest 50% of detached houses in Lutterworth, based on EPC data. The below chart shows the distribution of detached houses by size in Lutterworth, and where 5 LILAC DRIVE lies on this distribution: 53% of detached houses are smaller than 5 LILAC DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.
5 LILAC DRIVE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 5 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 5 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.
5 LILAC DRIVE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 5 on LILAC DRIVE.