9, MAGNOLIA DRIVE, LUTTERWORTH, LE17 4RS - £227,500

9 MAGNOLIA DRIVE is a very small detached house of 56m², built sometime between 1983 and 1990. It was last sold for £227,500 in October 2018, which was around 42% below the average October 2018 detached price in the Harborough local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

9 MAGNOLIA DRIVE Sold Prices

Land registry data shows three sales for 9 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 9 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
2018 5 OCT	£227,500	£393,269	42% below HPI
2007 7 SEP	£177,500	£298,556	41% below HPI
1996 12 FEB	£58,500	£85,519	32% below HPI

9 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 9 MAGNOLIA DRIVE sales between February 1996 and October 2018 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 September 2007 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2018 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 9 MAGNOLIA DRIVE?

9 MAGNOLIA DRIVE is 56m² according to the EPC inspection conducted in June 2018. 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 9 MAGNOLIA DRIVE lies on this distribution: 1% of detached houses are smaller than 9 MAGNOLIA DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

9 MAGNOLIA DRIVE: Plot and Title Map

9 MAGNOLIA DRIVE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 9 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 9 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 9 MAGNOLIA DRIVE?

9 MAGNOLIA DRIVE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 9 on MAGNOLIA DRIVE.