37, NICHOLAS DRIVE, RATBY, LEICESTER, LE6 0NJ - £234,000

37 NICHOLAS DRIVE is a small detached house of 78m², built sometime between 1991 and 1995. It was last sold for £234,000 in March 2018, which was around 22% below the average March 2018 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

37 NICHOLAS DRIVE Sold Prices

Land registry data shows five sales for 37 NICHOLAS DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the five 37 NICHOLAS 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
2018 16 MAR	£234,000	£299,323	22% below HPI
2014 16 MAY	£177,000	£233,559	24% below HPI
2014 24 APR	£180,000	£232,950	23% below HPI
2007 31 MAY	£185,950	£230,320	19% below HPI
2006 24 MAR	£174,500	£218,483	20% below HPI

37 NICHOLAS DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The five 37 NICHOLAS DRIVE sales between March 2006 and March 2018 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 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2018 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 37 NICHOLAS DRIVE?

37 NICHOLAS DRIVE is 78m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 30% of detached houses in Ratby, based on EPC data. The below chart shows the distribution of detached houses by size in Ratby, and where 37 NICHOLAS DRIVE lies on this distribution: 29% of detached houses are smaller than 37 NICHOLAS DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Ratby.

37 NICHOLAS DRIVE: Plot and Title Map

37 NICHOLAS DRIVE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 37 NICHOLAS 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 37 NICHOLAS 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 37 NICHOLAS DRIVE?

37 NICHOLAS DRIVE is located in RATBY, in the LE6 postcode district. The below map shows the position of No. 37 on NICHOLAS DRIVE.