7, GREENACRES DRIVE, LUTTERWORTH, LE17 4TF - £180,000

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.

7 GREENACRES DRIVE is a very small semi-detached house of 65m², built sometime between 1950 and 1966, which could now be worth an estimated £211,508. It was last sold for £180,000 in October 2020, which was around 31% below the average October 2020 semi-detached price in the Harborough local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

7 GREENACRES DRIVE Sold Prices

Land registry data shows three sales for 7 GREENACRES DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Harborough local authority area for the corresponding sale date. All of the three 7 GREENACRES 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
2020 9 OCT	£180,000	£260,031	31% below HPI
2012 26 OCT	£145,000	£166,893	13% below HPI
2009 23 NOV	£127,250	£155,946	18% below HPI

7 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 three 7 GREENACRES DRIVE sales between November 2009 and October 2020 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 7 GREENACRES DRIVE be worth now?

7 GREENACRES DRIVE might now be worth an estimated £211,508.

This is based on house price inflation of 17.5%, between October 2020 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 17.5% inflationary increase is applied to the most recent sale price for 7 GREENACRES DRIVE of £180,000 on 9th October 2020. For the value to have increased from £180,000 to £211,508 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 GREENACRES DRIVE has moved in line with the HPI for semi-detached houses in the Harborough local authority area.
• The October 2020 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GREENACRES DRIVE has not materially changed since October 2020.

How Large is 7 GREENACRES DRIVE?

7 GREENACRES DRIVE is 65m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% 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 7 GREENACRES DRIVE lies on this distribution: 4% of semi-detached houses houses are smaller than 7 GREENACRES DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

7 GREENACRES DRIVE: Plot and Title Map

7 GREENACRES DRIVE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 7 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 7 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 7 GREENACRES DRIVE?

7 GREENACRES DRIVE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 7 on GREENACRES DRIVE.