34, STANLEY DRIVE, LEICESTER, LE5 1EA - £400,000

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.

34 STANLEY DRIVE is a large extended detached house of 137m², built sometime between 1900 and 1929, which could now be worth an estimated £563,244. It was last sold for £400,000 in November 2017, which was around 45% above the average November 2017 detached price in the Leicester local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

34 STANLEY DRIVE Sold Prices

Land registry data shows three sales for 34 STANLEY 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 Leicester local authority area for the corresponding sale date. Two of the three 34 STANLEY DRIVE sales were for above the average price, whilst one was 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
2017 8 NOV	£400,000	£275,264	45% above HPI
2015 8 MAY	£250,000	£224,635	11% above HPI
1999 12 AUG	£80,000	£80,998	1% below HPI

34 STANLEY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The three 34 STANLEY DRIVE sales between August 1999 and November 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 May 2015 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the November 2017 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 34 STANLEY DRIVE be worth now?

34 STANLEY DRIVE might now be worth an estimated £563,244.

This is based on house price inflation of 40.8%, between November 2017 and May 2026, for 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 40.8% inflationary increase is applied to the most recent sale price for 34 STANLEY DRIVE of £400,000 on 8th November 2017. For the value to have increased from £400,000 to £563,244 over the nine years and six months to May 2026, the following assumptions must hold true:

• The value of 34 STANLEY DRIVE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The November 2017 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 34 STANLEY DRIVE has not materially changed since November 2017.

How Large is 34 STANLEY DRIVE?

34 STANLEY DRIVE is 137m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 40% 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 34 STANLEY DRIVE lies on this distribution: 69% of detached houses houses are smaller than 34 STANLEY DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Leicester.

34 STANLEY DRIVE: Plot and Title Map

34 STANLEY DRIVE sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of 34 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 34 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 34 STANLEY DRIVE?

34 STANLEY DRIVE is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 34 on STANLEY DRIVE.