ELM COPSE, HOMER DRIVE, NARBOROUGH, LEICESTER, LE19 3EX - £465,000

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.

ELM COPSE is a very large detached house of 148m², built sometime between 1950 and 1966, which could now be worth an estimated £530,367. It was last sold for £465,000 in May 2021, which was around 38% above the average May 2021 detached price in the Blaby local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was C.

ELM COPSE Sold Prices

Land registry data shows four sales for ELM COPSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the four ELM COPSE sales were 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
2021 12 MAY	£465,000	£336,138	38% above HPI
2014 12 NOV	£335,000	£243,122	38% above HPI
2010 26 AUG	£281,000	£220,013	28% above HPI
2001 28 SEP	£158,000	£122,992	28% above HPI

ELM COPSE 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 four ELM COPSE sales between September 2001 and May 2021 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 2014 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the May 2021 sale, which was also at 38% above the HPI.

What might ELM COPSE be worth now?

ELM COPSE might now be worth an estimated £530,367.

This is based on house price inflation of 14.1%, between May 2021 and June 2025, 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 14.1% inflationary increase is applied to the most recent sale price for ELM COPSE of £465,000 on 12th May 2021. For the value to have increased from £465,000 to £530,367 over the three years and eleven months to June 2025, the following assumptions must hold true:

• The value of ELM COPSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The May 2021 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of ELM COPSE has not materially changed since May 2021.

How Large is ELM COPSE?

ELM COPSE is 148m² according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of detached houses houses in Narborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Narborough, and where ELM COPSE lies on this distribution: 84% of detached houses houses are smaller than ELM COPSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Narborough.

ELM COPSE: Plot and Title Map

ELM COPSE sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of ELM COPSE, 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 ELM COPSE). 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 ELM COPSE?

ELM COPSE is located on HOMER DRIVE in NARBOROUGH, in the LE19 postcode district. The below map shows the position of ELM COPSE on HOMER DRIVE.