56, COLBERT DRIVE, LEICESTER, LE3 2JB - £230,000

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.

56 COLBERT DRIVE is a small extended detached house of 104m², built sometime between 1950 and 1966, which could now be worth an estimated £282,300. It was last sold for £230,000 in August 2019, which was around 27% below the average August 2019 detached price in the Blaby local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

56 COLBERT DRIVE Sold Prices

Land registry data shows two sales for 56 COLBERT 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 Blaby local authority area for the corresponding sale date. Both of the two 56 COLBERT 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 30 AUG	£230,000	£315,491	27% below HPI
1999 23 APR	£85,000	£89,768	5% below HPI

56 COLBERT DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The two 56 COLBERT DRIVE sales from April 1999 and August 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 1999 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2019 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 56 COLBERT DRIVE be worth now?

56 COLBERT DRIVE might now be worth an estimated £282,300.

This is based on house price inflation of 22.7%, between August 2019 and April 2026, for 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 22.7% inflationary increase is applied to the most recent sale price for 56 COLBERT DRIVE of £230,000 on 30th August 2019. For the value to have increased from £230,000 to £282,300 over the seven years and four months to April 2026, the following assumptions must hold true:

• The value of 56 COLBERT DRIVE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The August 2019 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 56 COLBERT DRIVE has not materially changed since August 2019.

How Large is 56 COLBERT DRIVE?

56 COLBERT DRIVE is 104m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 56 COLBERT DRIVE lies on this distribution: 38% of detached houses houses are smaller than 56 COLBERT DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Leicester.

56 COLBERT DRIVE: Plot and Title Map

56 COLBERT DRIVE sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 56 COLBERT 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 56 COLBERT 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 56 COLBERT DRIVE?

56 COLBERT DRIVE is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 56 on COLBERT DRIVE.