35, MAY DRIVE, GLENFIELD, LEICESTER, LE3 8HT - £195,000

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.

35 MAY DRIVE is a very small terraced house of 60m², built in 2014, which could now be worth an estimated £216,046. It was last sold for £195,000 in September 2021, which was around 1% below the average September 2021 terraced price in the Blaby local authority area. The most recent EPC inspection was October 2014, where the current energy rating was B, and the potential energy rating was A.

35 MAY DRIVE Sold Prices

Land registry data shows three sales for 35 MAY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Blaby local authority area for the corresponding sale date. The three 35 MAY DRIVE sales were a mix of below the average price, roughly equal to the average price, and 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
2021 3 SEP	£195,000	£196,412	1% below HPI
2019 31 OCT	£173,000	£173,764	Close to HPI
2014 28 NOV	£144,995	£138,354	5% above HPI

35 MAY DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Blaby local authority area over time, sourced from the HPI. The three 35 MAY DRIVE sales between November 2014 and September 2021 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 October 2019 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2021 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 35 MAY DRIVE be worth now?

35 MAY DRIVE might now be worth an estimated £216,046.

This is based on house price inflation of 10.8%, between September 2021 and May 2026, for terraced 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 10.8% inflationary increase is applied to the most recent sale price for 35 MAY DRIVE of £195,000 on 3rd September 2021. For the value to have increased from £195,000 to £216,046 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of 35 MAY DRIVE has moved in line with the HPI for terraced houses in the Blaby local authority area.
• The September 2021 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 35 MAY DRIVE has not materially changed since September 2021.

How Large is 35 MAY DRIVE?

35 MAY DRIVE is 60m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of terraced houses houses in Leicester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Leicester, and where 35 MAY DRIVE lies on this distribution: 3% of terraced houses houses are smaller than 35 MAY DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Leicester.

35 MAY DRIVE: Plot and Title Map

35 MAY DRIVE sits on a plot of roughly 0.021 of an acre, or 86m². The below map shows the location of 35 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 35 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 35 MAY DRIVE?

35 MAY DRIVE is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 35 on MAY DRIVE.