15, LARCH DRIVE, LUTTERWORTH, LE17 4RD - £189,000

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.

15 LARCH DRIVE is a very small semi-detached house of 61m², built sometime between 1950 and 1966, which could now be worth an estimated £278,750. It was last sold for £189,000 in December 2015, which was around 8% below the average December 2015 semi-detached price in the Harborough local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

15 LARCH DRIVE Sold Prices

Land registry data shows four sales for 15 LARCH DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Harborough local authority area for the corresponding sale date. All of the four 15 LARCH 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
2015 11 DEC	£189,000	£205,145	8% below HPI
2012 2 NOV	£165,000	£168,588	2% below HPI
2003 17 APR	£63,360	£119,369	47% below HPI
2000 1 SEP	£58,950	£77,834	24% below HPI

15 LARCH 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 four 15 LARCH DRIVE sales between September 2000 and December 2015 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 2012 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2015 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 15 LARCH DRIVE be worth now?

15 LARCH DRIVE might now be worth an estimated £278,750.

This is based on house price inflation of 47.5%, between December 2015 and May 2026, 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 47.5% inflationary increase is applied to the most recent sale price for 15 LARCH DRIVE of £189,000 on 11th December 2015. For the value to have increased from £189,000 to £278,750 over the eleven years and seven months to May 2026, the following assumptions must hold true:

• The value of 15 LARCH DRIVE has moved in line with the HPI for semi-detached houses in the Harborough local authority area.
• The December 2015 sale price of £189,000 represented a fair market value for the property.
• The size, condition, and specification of 15 LARCH DRIVE has not materially changed since December 2015.

How Large is 15 LARCH DRIVE?

15 LARCH DRIVE is 61m² according to the EPC inspection conducted in March 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 15 LARCH DRIVE lies on this distribution: 3% of semi-detached houses houses are smaller than 15 LARCH DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

15 LARCH DRIVE: Plot and Title Map

15 LARCH DRIVE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 15 LARCH 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 15 LARCH 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 15 LARCH DRIVE?

15 LARCH DRIVE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 15 on LARCH DRIVE.