12, NICHOLAS DRIVE, RATBY, LEICESTER, LE6 0NJ - £251,250

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

12 NICHOLAS DRIVE is a small semi-detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £262,130. It was last sold for £251,250 in June 2023, which was around 5% above the average June 2023 semi-detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

12 NICHOLAS DRIVE Sold Prices

Land registry data shows five sales for 12 NICHOLAS DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the five 12 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
2023 23 JUN	£251,250	£238,962	5% above HPI
2023 3 FEB	£258,000	£240,506	7% above HPI
2003 10 OCT	£126,000	£111,668	13% above HPI
2002 1 NOV	£101,000	£93,528	8% above HPI
1996 9 AUG	£50,000	£45,276	10% above HPI

12 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 five 12 NICHOLAS DRIVE sales between August 1996 and June 2023 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 February 2023 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2023 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 12 NICHOLAS DRIVE be worth now?

12 NICHOLAS DRIVE might now be worth an estimated £262,130.

This is based on house price inflation of 4.3%, between June 2023 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 4.3% inflationary increase is applied to the most recent sale price for 12 NICHOLAS DRIVE of £251,250 on 23rd June 2023. For the value to have increased from £251,250 to £262,130 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 12 NICHOLAS DRIVE has moved in line with the HPI for semi-detached houses in the Hinckley and Bosworth local authority area.
• The June 2023 sale price of £251,250 represented a fair market value for the property.
• The size, condition, and specification of 12 NICHOLAS DRIVE has not materially changed since June 2023.

How Large is 12 NICHOLAS DRIVE?

12 NICHOLAS DRIVE is 77m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% 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 12 NICHOLAS DRIVE lies on this distribution: 28% of semi-detached houses houses are smaller than 12 NICHOLAS DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Ratby.

12 NICHOLAS DRIVE: Plot and Title Map

12 NICHOLAS DRIVE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 12 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 12 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 12 NICHOLAS DRIVE?

12 NICHOLAS DRIVE is located in RATBY, in the LE6 postcode district. The below map shows the position of No. 12 on NICHOLAS DRIVE.