4, PARSONS DRIVE, GLEN PARVA, LEICESTER, LE2 9NS - £276,000

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.

4 PARSONS DRIVE is a small extended semi-detached house of 97m², built sometime between 1976 and 1982, which could now be worth an estimated £281,337. It was last sold for £276,000 in August 2023, which was around 8% above the average August 2023 semi-detached price in the Blaby local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

4 PARSONS DRIVE Sold Prices

Land registry data shows four sales for 4 PARSONS DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Blaby local authority area for the corresponding sale date. Two of the four 4 PARSONS 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
2023 8 AUG	£276,000	£255,498	8% above HPI
2020 13 FEB	£230,000	£205,702	12% above HPI
2007 30 NOV	£134,500	£159,301	16% below HPI
1998 18 SEP	£54,000	£54,214	Close to HPI

4 PARSONS DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Blaby local authority area over time, sourced from the HPI. The four 4 PARSONS DRIVE sales between September 1998 and August 2023 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 2020 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2023 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 4 PARSONS DRIVE be worth now?

4 PARSONS DRIVE might now be worth an estimated £281,337.

This is based on house price inflation of 1.9%, between August 2023 and February 2025, for semi-detached 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 1.9% inflationary increase is applied to the most recent sale price for 4 PARSONS DRIVE of £276,000 on 8th August 2023. For the value to have increased from £276,000 to £281,337 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 4 PARSONS DRIVE has moved in line with the HPI for semi-detached houses in the Blaby local authority area.
• The August 2023 sale price of £276,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PARSONS DRIVE has not materially changed since August 2023.

How Large is 4 PARSONS DRIVE?

4 PARSONS DRIVE is 97m², which includes three extensions, according to the EPC inspection conducted in May 2019. This puts it in the smallest 40% 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 4 PARSONS DRIVE lies on this distribution: 31% of semi-detached houses houses are smaller than 4 PARSONS DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Leicester.

4 PARSONS DRIVE: Plot and Title Map

4 PARSONS DRIVE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 4 PARSONS 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 4 PARSONS 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 4 PARSONS DRIVE?

4 PARSONS DRIVE is located in GLEN PARVA, in the LE2 postcode district. The below map shows the position of No. 4 on PARSONS DRIVE.