1, LAUNCESTON DRIVE, HUGGLESCOTE, COALVILLE, LE67 2HW - £190,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 LAUNCESTON DRIVE is a very small semi-detached house of 75m², built sometime between 1967 and 1975. It was last sold for £190,000 in May 2021, which was around 39% below the average May 2021 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

1 LAUNCESTON DRIVE Sold Prices

Land registry data shows four sales for 1 LAUNCESTON DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the four 1 LAUNCESTON 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
2021 21 MAY	£190,000	£313,062	39% below HPI
2009 19 JUN	£149,000	£200,013	26% below HPI
2005 2 SEP	£165,000	£208,182	21% below HPI
2004 21 JUN	£145,000	£195,008	26% below HPI

1 LAUNCESTON 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 four 1 LAUNCESTON DRIVE sales between June 2004 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 June 2009 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 1 LAUNCESTON DRIVE?

1 LAUNCESTON DRIVE is 75m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses in Hugglescote, based on EPC data. The below chart shows the distribution of detached houses by size in Hugglescote, and where 1 LAUNCESTON DRIVE lies on this distribution: 4% of detached houses are smaller than 1 LAUNCESTON DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Hugglescote.

1 LAUNCESTON DRIVE: Plot and Title Map

1 LAUNCESTON DRIVE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 1 LAUNCESTON 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 LAUNCESTON 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 LAUNCESTON DRIVE?

1 LAUNCESTON DRIVE is located in HUGGLESCOTE, in the LE67 postcode district. The below map shows the position of No. 1 on LAUNCESTON DRIVE.