5, SUMMERFIELD DRIVE, ANSTEY, LEICESTER, LE7 7QA - £535,000

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.

5 SUMMERFIELD DRIVE is a very large detached house of 219m², which could now be worth an estimated £652,385. It was last sold for £535,000 in November 2020, which was around 52% above the average November 2020 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2013, where the current energy rating was B, and the potential energy rating was B.

5 SUMMERFIELD DRIVE Sold Prices

Land registry data shows three sales for 5 SUMMERFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the three 5 SUMMERFIELD DRIVE sales were 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
2020 27 NOV	£535,000	£352,306	52% above HPI
2015 2 MAR	£460,000	£259,330	77% above HPI
2013 27 SEP	£437,000	£239,496	82% above HPI

5 SUMMERFIELD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The three 5 SUMMERFIELD DRIVE sales between September 2013 and November 2020 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 March 2015 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the November 2020 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 5 SUMMERFIELD DRIVE be worth now?

5 SUMMERFIELD DRIVE might now be worth an estimated £652,385.

This is based on house price inflation of 21.9%, between November 2020 and May 2026, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.9% inflationary increase is applied to the most recent sale price for 5 SUMMERFIELD DRIVE of £535,000 on 27th November 2020. For the value to have increased from £535,000 to £652,385 over the six years and six months to May 2026, the following assumptions must hold true:

• The value of 5 SUMMERFIELD DRIVE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The November 2020 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SUMMERFIELD DRIVE has not materially changed since November 2020.

How Large is 5 SUMMERFIELD DRIVE?

5 SUMMERFIELD DRIVE is 219m² according to the EPC inspection conducted in September 2013. This puts it in the largest 10% of detached houses houses in Anstey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Anstey, and where 5 SUMMERFIELD DRIVE lies on this distribution: 95% of detached houses houses are smaller than 5 SUMMERFIELD DRIVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Anstey.

Where is 5 SUMMERFIELD DRIVE?

5 SUMMERFIELD DRIVE is located in ANSTEY, in the LE7 postcode district. The below map shows the position of No. 5 on SUMMERFIELD DRIVE.