61, LILAC DRIVE, LUTTERWORTH, LE17 4FP - £385,000

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

61 LILAC DRIVE is a midsized detached house of 115m², built sometime between 1996 and 2002. It was last sold for £385,000 in November 2021, which was around 14% below the average November 2021 detached price in the Harborough local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

61 LILAC DRIVE Sold Prices

Land registry data shows four sales for 61 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. All of the four 61 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
2021 29 NOV	£385,000	£445,337	14% below HPI
2016 18 NOV	£287,500	£354,290	19% below HPI
2011 26 MAY	£232,500	£277,473	16% below HPI
1998 11 DEC	£108,000	£110,156	2% below HPI

61 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 61 LILAC DRIVE sales between December 1998 and November 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 November 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 61 LILAC DRIVE?

61 LILAC DRIVE is 115m² according to the EPC inspection conducted in May 2016. 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 61 LILAC DRIVE lies on this distribution: 50% of detached houses are smaller than 61 LILAC DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

61 LILAC DRIVE: Plot and Title Map

61 LILAC DRIVE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 61 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 61 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 61 LILAC DRIVE?

61 LILAC DRIVE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 61 on LILAC DRIVE.