48, NICHOLAS DRIVE, RATBY, LEICESTER, LE6 0NJ - £44,995

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.

48 NICHOLAS DRIVE is a large extended semi-detached house of 119m², built sometime between 1967 and 1975, which could now be worth an estimated £219,646. It was last sold for £44,995 in January 1998, which was around 9% below the average January 1998 semi-detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

48 NICHOLAS DRIVE Sold Prices

Land registry data shows two sales for 48 NICHOLAS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. One of the two 48 NICHOLAS DRIVE sales was for below the average price, whilst the other was for 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
1998 16 JAN	£44,995	£49,710	9% below HPI
1995 6 OCT	£49,950	£43,836	14% above HPI

48 NICHOLAS DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The two 48 NICHOLAS DRIVE sales from October 1995 and January 1998 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 1995 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the January 1998 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 48 NICHOLAS DRIVE be worth now?

48 NICHOLAS DRIVE might now be worth an estimated £219,646.

This is based on house price inflation of 388.2%, between January 1998 and June 2025, for semi-detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 388.2% inflationary increase is applied to the most recent sale price for 48 NICHOLAS DRIVE of £44,995 on 16th January 1998. For the value to have increased from £44,995 to £219,646 over the 26 years and seven months to June 2025, the following assumptions must hold true:

• The value of 48 NICHOLAS DRIVE has moved in line with the HPI for semi-detached houses in the Hinckley and Bosworth local authority area.
• The January 1998 sale price of £44,995 represented a fair market value for the property.
• The size, condition, and specification of 48 NICHOLAS DRIVE has not materially changed since January 1998.

How Large is 48 NICHOLAS DRIVE?

48 NICHOLAS DRIVE is 119m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the largest 30% of semi-detached houses houses in Ratby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ratby, and where 48 NICHOLAS DRIVE lies on this distribution: 69% of semi-detached houses houses are smaller than 48 NICHOLAS DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Ratby.

48 NICHOLAS DRIVE: Plot and Title Map

48 NICHOLAS DRIVE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 48 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 48 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 48 NICHOLAS DRIVE?

48 NICHOLAS DRIVE is located in RATBY, in the LE6 postcode district. The below map shows the position of No. 48 on NICHOLAS DRIVE.