56, STANLEY DRIVE, LEICESTER, LE5 1EA - £147,000

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 STANLEY DRIVE is a very small semi-detached house of 54m², built sometime between 1930 and 1949, which could now be worth an estimated £290,527. It was last sold for £147,000 in September 2010, which was around 10% above the average September 2010 semi-detached price in the Leicester local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

56 STANLEY DRIVE Sold Prices

Land registry data shows two sales for 56 STANLEY 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 Leicester local authority area for the corresponding sale date. One of the two 56 STANLEY DRIVE sales was for above the average price, whilst the other was 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
2010 24 SEP	£147,000	£134,060	10% above HPI
2009 9 OCT	£97,000	£124,825	22% below HPI

56 STANLEY DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Leicester local authority area over time, sourced from the HPI. The two 56 STANLEY DRIVE sales from October 2009 and September 2010 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 2009 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2010 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 56 STANLEY DRIVE be worth now?

56 STANLEY DRIVE might now be worth an estimated £290,527.

This is based on house price inflation of 97.6%, between September 2010 and May 2026, for semi-detached houses, in the Leicester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 97.6% inflationary increase is applied to the most recent sale price for 56 STANLEY DRIVE of £147,000 on 24th September 2010. For the value to have increased from £147,000 to £290,527 over the sixteen years and four months to May 2026, the following assumptions must hold true:

• The value of 56 STANLEY DRIVE has moved in line with the HPI for semi-detached houses in the Leicester local authority area.
• The September 2010 sale price of £147,000 represented a fair market value for the property.
• The size, condition, and specification of 56 STANLEY DRIVE has not materially changed since September 2010.

How Large is 56 STANLEY DRIVE?

56 STANLEY DRIVE is 54m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 10% of semi-detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Leicester, and where 56 STANLEY DRIVE lies on this distribution: 1% of semi-detached houses houses are smaller than 56 STANLEY DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Leicester.

56 STANLEY DRIVE: Plot and Title Map

56 STANLEY DRIVE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 56 STANLEY 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 STANLEY 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 STANLEY DRIVE?

56 STANLEY DRIVE is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 56 on STANLEY DRIVE.