8, ALEXANDER DRIVE, LUTTERWORTH, LE17 4YF - £240,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 ALEXANDER DRIVE is a very small extended detached house of 76m², built sometime between 1991 and 1995. It was last sold for £240,000 in March 2020, which was around 41% below the average March 2020 detached price in the Harborough local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

8 ALEXANDER DRIVE Sold Prices

Land registry data shows five sales for 8 ALEXANDER DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the five 8 ALEXANDER 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 20 MAR	£240,000	£409,001	41% below HPI
2017 10 MAY	£238,000	£356,655	33% below HPI
2002 28 NOV	£124,500	£193,027	36% below HPI
1997 30 MAY	£61,000	£98,363	38% below HPI
1995 19 JUN	£59,000	£90,271	35% below HPI

8 ALEXANDER 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 five 8 ALEXANDER DRIVE sales between June 1995 and March 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 May 2017 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2020 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 8 ALEXANDER DRIVE?

8 ALEXANDER DRIVE is 76m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of detached houses in Lutterworth, based on EPC data. The below chart shows the distribution of detached houses by size in Lutterworth, and where 8 ALEXANDER DRIVE lies on this distribution: 8% of detached houses are smaller than 8 ALEXANDER DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

8 ALEXANDER DRIVE: Plot and Title Map

8 ALEXANDER DRIVE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 8 ALEXANDER 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 8 ALEXANDER 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 8 ALEXANDER DRIVE?

8 ALEXANDER DRIVE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 8 on ALEXANDER DRIVE.