4, WAKEFIELD DRIVE, WHITWICK, COALVILLE, LE67 5JA - £281,000

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 WAKEFIELD DRIVE is a midsized detached house of 107m², built sometime between 1991 and 1995, which could now be worth an estimated £365,708. It was last sold for £281,000 in May 2019, which was around 6% below the average May 2019 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

4 WAKEFIELD DRIVE Sold Prices

Land registry data shows four sales for 4 WAKEFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. Most of the four 4 WAKEFIELD 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
2019 3 MAY	£281,000	£297,393	6% below HPI
2017 13 APR	£241,000	£275,841	13% below HPI
2016 15 FEB	£228,000	£256,863	11% below HPI
1995 3 MAR	£86,950	£78,301	11% above HPI

4 WAKEFIELD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The four 4 WAKEFIELD DRIVE sales between March 1995 and May 2019 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 April 2017 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2019 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 4 WAKEFIELD DRIVE be worth now?

4 WAKEFIELD DRIVE might now be worth an estimated £365,708.

This is based on house price inflation of 30.1%, between May 2019 and July 2026, for detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.1% inflationary increase is applied to the most recent sale price for 4 WAKEFIELD DRIVE of £281,000 on 3rd May 2019. For the value to have increased from £281,000 to £365,708 over the six years and ten months to July 2026, the following assumptions must hold true:

• The value of 4 WAKEFIELD DRIVE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The May 2019 sale price of £281,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WAKEFIELD DRIVE has not materially changed since May 2019.

How Large is 4 WAKEFIELD DRIVE?

4 WAKEFIELD DRIVE is 107m² according to the EPC inspection conducted in July 2010. This puts it in the largest 40% of detached houses houses in Whitwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitwick, and where 4 WAKEFIELD DRIVE lies on this distribution: 60% of detached houses houses are smaller than 4 WAKEFIELD DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Whitwick.

Where is 4 WAKEFIELD DRIVE?

4 WAKEFIELD DRIVE is located in WHITWICK, in the LE67 postcode district. The below map shows the position of No. 4 on WAKEFIELD DRIVE.