7, PHILLIP DRIVE, GLEN PARVA, LEICESTER, LE2 9US - £125,000

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 PHILLIP DRIVE is a very small semi-detached house of 62m², built sometime between 1996 and 2002, which could now be worth an estimated £218,874. It was last sold for £125,000 in July 2006, which was around 15% below the average July 2006 semi-detached price in the Blaby local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

7 PHILLIP DRIVE Sold Prices

Land registry data shows three sales for 7 PHILLIP 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 PHILLIP 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
2006 21 JUL	£125,000	£147,169	15% below HPI
2001 31 AUG	£65,000	£75,557	14% below HPI
1996 20 DEC	£48,950	£48,582	1% above HPI

7 PHILLIP 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 PHILLIP DRIVE sales between December 1996 and July 2006 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 August 2001 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2006 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 7 PHILLIP DRIVE be worth now?

7 PHILLIP DRIVE might now be worth an estimated £218,874.

This is based on house price inflation of 75.1%, between July 2006 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 75.1% inflationary increase is applied to the most recent sale price for 7 PHILLIP DRIVE of £125,000 on 21st July 2006. For the value to have increased from £125,000 to £218,874 over the twenty years and two months to May 2026, the following assumptions must hold true:

• The value of 7 PHILLIP DRIVE has moved in line with the HPI for semi-detached houses in the Blaby local authority area.
• The July 2006 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PHILLIP DRIVE has not materially changed since July 2006.

How Large is 7 PHILLIP DRIVE?

7 PHILLIP DRIVE is 62m² according to the EPC inspection conducted in September 2018. 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 7 PHILLIP DRIVE lies on this distribution: 3% of semi-detached houses houses are smaller than 7 PHILLIP DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Leicester.

7 PHILLIP DRIVE: Plot and Title Map

7 PHILLIP DRIVE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 7 PHILLIP 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 PHILLIP 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 PHILLIP DRIVE?

7 PHILLIP DRIVE is located in GLEN PARVA, in the LE2 postcode district. The below map shows the position of No. 7 on PHILLIP DRIVE.