1, MAY DRIVE, GLENFIELD, LEICESTER, LE3 8HT - £328,100

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.

1 MAY DRIVE is a small extended detached house of 90m², built sometime from 2012 onwards, which could now be worth an estimated £318,706. It was last sold for £328,100 in November 2024, which was around 17% below the average November 2024 detached price in the Blaby local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

1 MAY DRIVE Sold Prices

Land registry data shows three sales for 1 MAY 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 Blaby local authority area for the corresponding sale date. All of the three 1 MAY 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
2024 25 NOV	£328,100	£396,439	17% below HPI
2024 22 NOV	£315,000	£396,439	21% below HPI
2014 28 MAR	£204,995	£228,725	10% below HPI

1 MAY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The three 1 MAY DRIVE sales between March 2014 and November 2024 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 2024 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2024 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 1 MAY DRIVE be worth now?

1 MAY DRIVE might now be worth an estimated £318,706.

This is based on house price deflation of 2.9%, between November 2024 and May 2026, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.9% deflationary decrease is applied to the most recent sale price for 1 MAY DRIVE of £328,100 on 25th November 2024. For the value to have decreased from £328,100 to £318,706 over the two years and six months to May 2026, the following assumptions must hold true:

• The value of 1 MAY DRIVE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The November 2024 sale price of £328,100 represented a fair market value for the property.
• The size, condition, and specification of 1 MAY DRIVE has not materially changed since November 2024.

How Large is 1 MAY DRIVE?

1 MAY DRIVE is 90m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the smallest 30% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 1 MAY DRIVE lies on this distribution: 24% of detached houses houses are smaller than 1 MAY DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Leicester.

1 MAY DRIVE: Plot and Title Map

1 MAY DRIVE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 1 MAY 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 1 MAY 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 1 MAY DRIVE?

1 MAY DRIVE is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 1 on MAY DRIVE.