11, NICHOLAS DRIVE, RATBY, LEICESTER, LE6 0NJ - £157,000

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.

11 NICHOLAS DRIVE is a midsized extended semi-detached house of 99m², built sometime between 1967 and 1975, which could now be worth an estimated £286,929. It was last sold for £157,000 in August 2010, which was around 15% above the average August 2010 semi-detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

11 NICHOLAS DRIVE Sold Prices

Land registry data shows four sales for 11 NICHOLAS DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the four 11 NICHOLAS 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
2010 6 AUG	£157,000	£136,416	15% above HPI
2006 17 MAR	£157,000	£136,654	15% above HPI
2003 17 NOV	£136,500	£111,215	23% above HPI
2000 12 MAY	£74,950	£60,989	23% above HPI

11 NICHOLAS DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The four 11 NICHOLAS DRIVE sales between May 2000 and August 2010 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 2006 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2010 sale, which was also at 15% above the HPI.

What might 11 NICHOLAS DRIVE be worth now?

11 NICHOLAS DRIVE might now be worth an estimated £286,929.

This is based on house price inflation of 82.8%, between August 2010 and February 2025, for semi-detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 82.8% inflationary increase is applied to the most recent sale price for 11 NICHOLAS DRIVE of £157,000 on 6th August 2010. For the value to have increased from £157,000 to £286,929 over the fifteen years and six months to February 2025, the following assumptions must hold true:

• The value of 11 NICHOLAS DRIVE has moved in line with the HPI for semi-detached houses in the Hinckley and Bosworth local authority area.
• The August 2010 sale price of £157,000 represented a fair market value for the property.
• The size, condition, and specification of 11 NICHOLAS DRIVE has not materially changed since August 2010.

How Large is 11 NICHOLAS DRIVE?

11 NICHOLAS DRIVE is 99m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the largest 50% of semi-detached houses houses in Ratby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ratby, and where 11 NICHOLAS DRIVE lies on this distribution: 52% of semi-detached houses houses are smaller than 11 NICHOLAS DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Ratby.

11 NICHOLAS DRIVE: Plot and Title Map

11 NICHOLAS DRIVE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 11 NICHOLAS 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 11 NICHOLAS 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 11 NICHOLAS DRIVE?

11 NICHOLAS DRIVE is located in RATBY, in the LE6 postcode district. The below map shows the position of No. 11 on NICHOLAS DRIVE.