13, MAGNOLIA DRIVE, LUTTERWORTH, LE17 4RS - £320,000

13 MAGNOLIA DRIVE is a very small detached house of 55m², built sometime between 1983 and 1990. It was last sold for £320,000 in February 2023, which was around 37% below the average February 2023 detached price in the Harborough local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

13 MAGNOLIA DRIVE Sold Prices

Land registry data shows three sales for 13 MAGNOLIA DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the three 13 MAGNOLIA 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
2023 9 FEB	£320,000	£506,256	37% below HPI
2008 22 JUL	£168,000	£283,160	41% below HPI
1999 11 OCT	£73,000	£118,359	38% below HPI

13 MAGNOLIA 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 three 13 MAGNOLIA DRIVE sales between October 1999 and February 2023 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 July 2008 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2023 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 13 MAGNOLIA DRIVE?

13 MAGNOLIA DRIVE is 55m² according to the EPC inspection conducted in March 2015. 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 13 MAGNOLIA DRIVE lies on this distribution: 1% of detached houses are smaller than 13 MAGNOLIA DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

13 MAGNOLIA DRIVE: Plot and Title Map

13 MAGNOLIA DRIVE sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 13 MAGNOLIA 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 13 MAGNOLIA 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 13 MAGNOLIA DRIVE?

13 MAGNOLIA DRIVE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 13 on MAGNOLIA DRIVE.