19, ALEXANDER DRIVE, LUTTERWORTH, LE17 4YF - £165,000

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.

19 ALEXANDER DRIVE is a very small terraced house of 69m², built sometime between 1991 and 1995, which could now be worth an estimated £304,056. It was last sold for £165,000 in May 2012, which was around 22% above the average May 2012 terraced price in the Harborough local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

19 ALEXANDER DRIVE Sold Prices

Land registry data shows two sales for 19 ALEXANDER DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Harborough local authority area for the corresponding sale date. Both of the two 19 ALEXANDER DRIVE sales were for above 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
2012 4 MAY	£165,000	£135,775	22% above HPI
2006 3 NOV	£165,000	£140,031	18% above HPI

19 ALEXANDER DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Harborough local authority area over time, sourced from the HPI. The two 19 ALEXANDER DRIVE sales from November 2006 and May 2012 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 2006 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2012 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 19 ALEXANDER DRIVE be worth now?

19 ALEXANDER DRIVE might now be worth an estimated £304,056.

This is based on house price inflation of 84.3%, between May 2012 and May 2026, for terraced 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 84.3% inflationary increase is applied to the most recent sale price for 19 ALEXANDER DRIVE of £165,000 on 4th May 2012. For the value to have increased from £165,000 to £304,056 over the fourteen years to May 2026, the following assumptions must hold true:

• The value of 19 ALEXANDER DRIVE has moved in line with the HPI for terraced houses in the Harborough local authority area.
• The May 2012 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 19 ALEXANDER DRIVE has not materially changed since May 2012.

How Large is 19 ALEXANDER DRIVE?

19 ALEXANDER DRIVE is 69m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of terraced houses houses in Lutterworth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lutterworth, and where 19 ALEXANDER DRIVE lies on this distribution: 5% of terraced houses houses are smaller than 19 ALEXANDER DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

19 ALEXANDER DRIVE: Plot and Title Map

19 ALEXANDER DRIVE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 19 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 19 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 19 ALEXANDER DRIVE?

19 ALEXANDER DRIVE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 19 on ALEXANDER DRIVE.