35, WHEATLANDS DRIVE, COUNTESTHORPE, LEICESTER, LE8 5RT - £225,000

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 WHEATLANDS DRIVE is a very small terraced house of 55m², built sometime between 1991 and 1995, which could now be worth an estimated £218,337. It was last sold for £225,000 in December 2022, which was about the average December 2022 terraced price in the Blaby local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

35 WHEATLANDS DRIVE Sold Prices

Land registry data shows three sales for 35 WHEATLANDS 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 WHEATLANDS DRIVE sales were a mix of roughly equal to the average price, above the average price, and 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
2022 16 DEC	£225,000	£224,251	Close to HPI
2001 23 MAY	£58,000	£60,108	4% below HPI
1996 30 AUG	£43,500	£40,461	8% above HPI

35 WHEATLANDS 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 WHEATLANDS DRIVE sales between August 1996 and December 2022 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 2001 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 35 WHEATLANDS DRIVE be worth now?

35 WHEATLANDS DRIVE might now be worth an estimated £218,337.

This is based on house price deflation of 3%, between December 2022 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 3% deflationary decrease is applied to the most recent sale price for 35 WHEATLANDS DRIVE of £225,000 on 16th December 2022. For the value to have decreased from £225,000 to £218,337 over the four years and seven months to May 2026, the following assumptions must hold true:

• The value of 35 WHEATLANDS DRIVE has moved in line with the HPI for terraced houses in the Blaby local authority area.
• The December 2022 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 35 WHEATLANDS DRIVE has not materially changed since December 2022.

How Large is 35 WHEATLANDS DRIVE?

35 WHEATLANDS DRIVE is 55m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of terraced houses houses in Countesthorpe, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Countesthorpe, and where 35 WHEATLANDS DRIVE lies on this distribution: 1% of terraced houses houses are smaller than 35 WHEATLANDS DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Countesthorpe.

35 WHEATLANDS DRIVE: Plot and Title Map

35 WHEATLANDS DRIVE sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 35 WHEATLANDS 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 WHEATLANDS 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 WHEATLANDS DRIVE?

35 WHEATLANDS DRIVE is located in COUNTESTHORPE, in the LE8 postcode district. The below map shows the position of No. 35 on WHEATLANDS DRIVE.