59, LILAC DRIVE, LUTTERWORTH, LE17 4FP - £308,000

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.

59 LILAC DRIVE is a midsized detached house of 112m², built sometime between 1996 and 2002, which could now be worth an estimated £406,160. It was last sold for £308,000 in February 2018, which was around 16% below the average February 2018 detached price in the Harborough local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

59 LILAC DRIVE Sold Prices

Land registry data shows two sales for 59 LILAC DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. One of the two 59 LILAC DRIVE sales was for below the average price, whilst the other 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
2018 1 FEB	£308,000	£368,057	16% below HPI
1999 29 MAR	£110,950	£106,751	4% above HPI

59 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 two 59 LILAC DRIVE sales from March 1999 and February 2018 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 March 1999 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2018 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 59 LILAC DRIVE be worth now?

59 LILAC DRIVE might now be worth an estimated £406,160.

This is based on house price inflation of 31.9%, between February 2018 and February 2025, 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 31.9% inflationary increase is applied to the most recent sale price for 59 LILAC DRIVE of £308,000 on 1st February 2018. For the value to have increased from £308,000 to £406,160 over the seven years to February 2025, the following assumptions must hold true:

• The value of 59 LILAC DRIVE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The February 2018 sale price of £308,000 represented a fair market value for the property.
• The size, condition, and specification of 59 LILAC DRIVE has not materially changed since February 2018.

How Large is 59 LILAC DRIVE?

59 LILAC DRIVE is 112m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 50% 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 59 LILAC DRIVE lies on this distribution: 45% of detached houses houses are smaller than 59 LILAC DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

59 LILAC DRIVE: Plot and Title Map

59 LILAC DRIVE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 59 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 59 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 59 LILAC DRIVE?

59 LILAC DRIVE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 59 on LILAC DRIVE.