1, PARSONS DRIVE, GLEN PARVA, LEICESTER, LE2 9NS - £171,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 PARSONS DRIVE is a small detached house of 88m², built sometime between 1976 and 1982. It was last sold for £171,000 in July 2014, which was around 28% below the average July 2014 detached price in the Blaby local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

1 PARSONS DRIVE Sold Prices

Land registry data shows three sales for 1 PARSONS 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 1 PARSONS 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
2014 16 JUL	£171,000	£237,913	28% below HPI
2001 16 MAR	£84,000	£115,452	27% below HPI
1996 28 AUG	£57,000	£78,152	27% below HPI

1 PARSONS 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 1 PARSONS DRIVE sales between August 1996 and July 2014 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 March 2001 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2014 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 1 PARSONS DRIVE?

1 PARSONS DRIVE is 88m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 30% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 1 PARSONS DRIVE lies on this distribution: 22% of detached houses are smaller than 1 PARSONS DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Leicester.

1 PARSONS DRIVE: Plot and Title Map

1 PARSONS DRIVE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 1 PARSONS 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 PARSONS 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 PARSONS DRIVE?

1 PARSONS DRIVE is located in GLEN PARVA, in the LE2 postcode district. The below map shows the position of No. 1 on PARSONS DRIVE.