7, PENFOLD DRIVE, COUNTESTHORPE, LEICESTER, LE8 5TP - £250,000

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.

7 PENFOLD DRIVE is a very small extended semi-detached house of 81m², built sometime between 1976 and 1982, which could now be worth an estimated £248,423. It was last sold for £250,000 in February 2023, which was around 4% below the average February 2023 semi-detached price in the Blaby local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

7 PENFOLD DRIVE Sold Prices

Land registry data shows three sales for 7 PENFOLD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Blaby local authority area for the corresponding sale date. Two of the three 7 PENFOLD DRIVE sales were for below the average price, whilst one 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
2023 24 FEB	£250,000	£259,328	4% below HPI
2012 8 NOV	£144,000	£139,334	3% above HPI
2009 28 JAN	£125,000	£129,838	4% below HPI

7 PENFOLD DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Blaby local authority area over time, sourced from the HPI. The three 7 PENFOLD DRIVE sales between January 2009 and February 2023 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 November 2012 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2023 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 7 PENFOLD DRIVE be worth now?

7 PENFOLD DRIVE might now be worth an estimated £248,423.

This is based on house price deflation of 0.6%, between February 2023 and May 2026, for semi-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 0.6% deflationary decrease is applied to the most recent sale price for 7 PENFOLD DRIVE of £250,000 on 24th February 2023. For the value to have decreased from £250,000 to £248,423 over the two years and nine months to May 2026, the following assumptions must hold true:

• The value of 7 PENFOLD DRIVE has moved in line with the HPI for semi-detached houses in the Blaby local authority area.
• The February 2023 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PENFOLD DRIVE has not materially changed since February 2023.

How Large is 7 PENFOLD DRIVE?

7 PENFOLD DRIVE is 81m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% of semi-detached houses houses in Countesthorpe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Countesthorpe, and where 7 PENFOLD DRIVE lies on this distribution: 11% of semi-detached houses houses are smaller than 7 PENFOLD DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Countesthorpe.

7 PENFOLD DRIVE: Plot and Title Map

7 PENFOLD DRIVE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 7 PENFOLD 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 7 PENFOLD 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 7 PENFOLD DRIVE?

7 PENFOLD DRIVE is located in COUNTESTHORPE, in the LE8 postcode district. The below map shows the position of No. 7 on PENFOLD DRIVE.