1, HOMECROFT DRIVE, PACKINGTON, ASHBY-DE-LA-ZOUCH, LE65 1WG - £385,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 HOMECROFT DRIVE is a large detached house of 162m², built sometime between 1950 and 1966, which could now be worth an estimated £420,233. It was last sold for £385,000 in April 2024, which was around 7% above the average April 2024 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was C.

1 HOMECROFT DRIVE Sold Prices

Land registry data shows two sales for 1 HOMECROFT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. Both of the two 1 HOMECROFT DRIVE 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
2024 9 APR	£385,000	£359,909	7% above HPI
2000 11 SEP	£175,000	£109,752	59% above HPI

1 HOMECROFT DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two 1 HOMECROFT DRIVE sales from September 2000 and April 2024 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 September 2000 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the April 2024 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 1 HOMECROFT DRIVE be worth now?

1 HOMECROFT DRIVE might now be worth an estimated £420,233.

This is based on house price inflation of 9.2%, between April 2024 and December 2024, for detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.2% inflationary increase is applied to the most recent sale price for 1 HOMECROFT DRIVE of £385,000 on 9th April 2024. For the value to have increased from £385,000 to £420,233 over the four months to December 2024, the following assumptions must hold true:

• The value of 1 HOMECROFT DRIVE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The April 2024 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HOMECROFT DRIVE has not materially changed since April 2024.

How Large is 1 HOMECROFT DRIVE?

1 HOMECROFT DRIVE is 162m² according to the EPC inspection conducted in April 2023. This puts it in the largest 40% of detached houses houses in Packington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Packington, and where 1 HOMECROFT DRIVE lies on this distribution: 61% of detached houses houses are smaller than 1 HOMECROFT DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Packington.

1 HOMECROFT DRIVE: Plot and Title Map

1 HOMECROFT DRIVE sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 1 HOMECROFT 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 1 HOMECROFT 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 1 HOMECROFT DRIVE?

1 HOMECROFT DRIVE is located in PACKINGTON, in the LE65 postcode district. The below map shows the position of No. 1 on HOMECROFT DRIVE.