12, SHANKLIN DRIVE, LEICESTER, LE2 3RG - £500,000

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.

12 SHANKLIN DRIVE is a very large extended detached house of 298m², built sometime between 1950 and 1966, which could now be worth an estimated £960,130. It was last sold for £500,000 in November 2011, which was around 149% above the average November 2011 detached price in the Leicester local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was C.

12 SHANKLIN DRIVE Sold Prices

Land registry data shows two sales for 12 SHANKLIN 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 Leicester local authority area for the corresponding sale date. Both of the two 12 SHANKLIN 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
2011 25 NOV	£500,000	£201,053	149% above HPI
2006 3 NOV	£370,000	£202,768	82% above HPI

12 SHANKLIN DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The two 12 SHANKLIN DRIVE sales from November 2006 and November 2011 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 November 2006 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the November 2011 sale, where it rises to 149% above the HPI. The line then continues to track at 149% above the HPI.

What might 12 SHANKLIN DRIVE be worth now?

12 SHANKLIN DRIVE might now be worth an estimated £960,130.

This is based on house price inflation of 92%, between November 2011 and February 2025, for detached houses, in the Leicester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 92% inflationary increase is applied to the most recent sale price for 12 SHANKLIN DRIVE of £500,000 on 25th November 2011. For the value to have increased from £500,000 to £960,130 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 SHANKLIN DRIVE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The November 2011 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SHANKLIN DRIVE has not materially changed since November 2011.

How Large is 12 SHANKLIN DRIVE?

12 SHANKLIN DRIVE is 298m², which includes three extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 10% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 12 SHANKLIN DRIVE lies on this distribution: 99% of detached houses houses are smaller than 12 SHANKLIN DRIVE, and 1% of houses are larger. Note that EPC data is not available for all properties in Leicester.

12 SHANKLIN DRIVE: Plot and Title Map

12 SHANKLIN DRIVE sits on a plot of roughly 0.234 of an acre, or 946m². The below map shows the location of 12 SHANKLIN 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 SHANKLIN 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 SHANKLIN DRIVE?

12 SHANKLIN DRIVE is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 12 on SHANKLIN DRIVE.