5, NICHOLAS DRIVE, RATBY, LEICESTER, LE6 0NJ - £207,500

5 NICHOLAS DRIVE is a midsized extended detached house of 101m², built sometime between 1967 and 1975. It was last sold for £207,500 in June 2017, which was around 27% below the average June 2017 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.

5 NICHOLAS DRIVE Sold Prices

Land registry data shows two sales for 5 NICHOLAS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 5 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
2017 5 JUN	£207,500	£283,887	27% below HPI
2003 25 APR	£139,950	£174,076	20% below HPI

5 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 two 5 NICHOLAS DRIVE sales from April 2003 and June 2017 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 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 5 NICHOLAS DRIVE?

5 NICHOLAS DRIVE is 101m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 50% of detached houses in Ratby, based on EPC data. The below chart shows the distribution of detached houses by size in Ratby, and where 5 NICHOLAS DRIVE lies on this distribution: 54% of detached houses are smaller than 5 NICHOLAS DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Ratby.

5 NICHOLAS DRIVE: Plot and Title Map

5 NICHOLAS DRIVE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 5 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 5 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 5 NICHOLAS DRIVE?

5 NICHOLAS DRIVE is located in RATBY, in the LE6 postcode district. The below map shows the position of No. 5 on NICHOLAS DRIVE.