5, CHERRY DRIVE, SYSTON, LEICESTER, LE7 2PT - £286,000

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.

5 CHERRY DRIVE is a small extended detached house of 103m², built sometime between 1976 and 1982, which could now be worth an estimated £371,925. It was last sold for £286,000 in March 2020, which was around 13% below the average March 2020 detached price in the Charnwood local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

5 CHERRY DRIVE Sold Prices

Land registry data shows one sale for 5 CHERRY DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Charnwood local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 6 MAR	£286,000	£330,355	13% below HPI

What might 5 CHERRY DRIVE be worth now?

5 CHERRY DRIVE might now be worth an estimated £371,925.

This is based on house price inflation of 30%, between March 2020 and May 2026, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30% inflationary increase is applied to the most recent sale price for 5 CHERRY DRIVE of £286,000 on 6th March 2020. For the value to have increased from £286,000 to £371,925 over the five years and ten months to May 2026, the following assumptions must hold true:

• The value of 5 CHERRY DRIVE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The March 2020 sale price of £286,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHERRY DRIVE has not materially changed since March 2020.

How Large is 5 CHERRY DRIVE?

5 CHERRY DRIVE is 103m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the smallest 40% of detached houses in Syston, based on EPC data. The below chart shows the distribution of detached houses by size in Syston, and where 5 CHERRY DRIVE lies on this distribution: 36% of detached houses are smaller than 5 CHERRY DRIVE, and 62% of detached houses are larger. Note that EPC data is not available for all properties in Syston.

5 CHERRY DRIVE: Plot

5 CHERRY DRIVE sits on a plot of roughly 0.109 of an acre, or 443m².

Where is 5 CHERRY DRIVE?

5 CHERRY DRIVE is located in SYSTON, in the LE7 postcode district.