8, RIPON DRIVE, BLABY, LEICESTER, LE8 4AU - £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.

8 RIPON DRIVE is a midsized detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £312,843. It was last sold for £250,000 in February 2019, which was around 19% below the average February 2019 detached price in the Blaby local authority area. The most recent EPC inspection was December 2012, where the current energy rating was E, and the potential energy rating was C.

8 RIPON DRIVE Sold Prices

Land registry data shows three sales for 8 RIPON 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 Blaby local authority area for the corresponding sale date. All of the three 8 RIPON 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 25 FEB	£250,000	£309,445	19% below HPI
2015 21 AUG	£197,511	£250,763	21% below HPI
2007 26 JUL	£190,000	£231,331	18% below HPI

8 RIPON 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 three 8 RIPON DRIVE sales between July 2007 and February 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 August 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2019 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 8 RIPON DRIVE be worth now?

8 RIPON DRIVE might now be worth an estimated £312,843.

This is based on house price inflation of 25.1%, between February 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 25.1% inflationary increase is applied to the most recent sale price for 8 RIPON DRIVE of £250,000 on 25th February 2019. For the value to have increased from £250,000 to £312,843 over the six years and ten months to April 2026, the following assumptions must hold true:

• The value of 8 RIPON DRIVE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The February 2019 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 8 RIPON DRIVE has not materially changed since February 2019.

How Large is 8 RIPON DRIVE?

8 RIPON DRIVE is 100m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 50% of detached houses houses in Blaby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blaby, and where 8 RIPON DRIVE lies on this distribution: 47% of detached houses houses are smaller than 8 RIPON DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Blaby.

8 RIPON DRIVE: Plot and Title Map

8 RIPON DRIVE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 8 RIPON 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 8 RIPON 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 8 RIPON DRIVE?

8 RIPON DRIVE is located in BLABY, in the LE8 postcode district. The below map shows the position of No. 8 on RIPON DRIVE.