24, STANLEY DRIVE, LEICESTER, LE5 1EA - £305,000

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.

24 STANLEY DRIVE is a very large extended semi-detached house of 167m², built sometime between 1900 and 1929, which could now be worth an estimated £473,349. It was last sold for £305,000 in April 2017, which was around 79% above the average April 2017 semi-detached price in the Leicester local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

24 STANLEY DRIVE Sold Prices

Land registry data shows two sales for 24 STANLEY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Leicester local authority area for the corresponding sale date. Both of the two 24 STANLEY 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
2017 7 APR	£305,000	£170,721	79% above HPI
2010 15 FEB	£240,000	£127,660	88% above HPI

24 STANLEY DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Leicester local authority area over time, sourced from the HPI. The two 24 STANLEY DRIVE sales from February 2010 and April 2017 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 February 2010 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the April 2017 sale, where it falls to 79% above the HPI. The line then continues to track at 79% above the HPI.

What might 24 STANLEY DRIVE be worth now?

24 STANLEY DRIVE might now be worth an estimated £473,349.

This is based on house price inflation of 55.2%, between April 2017 and May 2026, for semi-detached houses, in the Leicester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.2% inflationary increase is applied to the most recent sale price for 24 STANLEY DRIVE of £305,000 on 7th April 2017. For the value to have increased from £305,000 to £473,349 over the eight years and eleven months to May 2026, the following assumptions must hold true:

• The value of 24 STANLEY DRIVE has moved in line with the HPI for semi-detached houses in the Leicester local authority area.
• The April 2017 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 24 STANLEY DRIVE has not materially changed since April 2017.

How Large is 24 STANLEY DRIVE?

24 STANLEY DRIVE is 167m², which includes three extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 20% of semi-detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Leicester, and where 24 STANLEY DRIVE lies on this distribution: 84% of semi-detached houses houses are smaller than 24 STANLEY DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Leicester.

24 STANLEY DRIVE: Plot and Title Map

24 STANLEY DRIVE sits on a plot of roughly 0.163 of an acre, or 661m². The below map shows the location of 24 STANLEY 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 24 STANLEY 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 24 STANLEY DRIVE?

24 STANLEY DRIVE is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 24 on STANLEY DRIVE.