13, NICHOLAS DRIVE, RATBY, LEICESTER, LE6 0NJ - £265,000

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.

13 NICHOLAS DRIVE is a small extended semi-detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £338,580. It was last sold for £265,000 in August 2020, which was around 36% above the average August 2020 semi-detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

13 NICHOLAS DRIVE Sold Prices

Land registry data shows two sales for 13 NICHOLAS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 13 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
2020 21 AUG	£265,000	£195,130	36% above HPI
2005 28 JAN	£154,500	£130,242	19% above HPI

13 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 two 13 NICHOLAS DRIVE sales from January 2005 and August 2020 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 January 2005 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2020 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 13 NICHOLAS DRIVE be worth now?

13 NICHOLAS DRIVE might now be worth an estimated £338,580.

This is based on house price inflation of 27.8%, between August 2020 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 27.8% inflationary increase is applied to the most recent sale price for 13 NICHOLAS DRIVE of £265,000 on 21st August 2020. For the value to have increased from £265,000 to £338,580 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 13 NICHOLAS DRIVE has moved in line with the HPI for semi-detached houses in the Hinckley and Bosworth local authority area.
• The August 2020 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 13 NICHOLAS DRIVE has not materially changed since August 2020.

How Large is 13 NICHOLAS DRIVE?

13 NICHOLAS DRIVE is 84m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 40% 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 13 NICHOLAS DRIVE lies on this distribution: 38% of semi-detached houses houses are smaller than 13 NICHOLAS DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Ratby.

13 NICHOLAS DRIVE: Plot and Title Map

13 NICHOLAS DRIVE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 13 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 13 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 13 NICHOLAS DRIVE?

13 NICHOLAS DRIVE is located in RATBY, in the LE6 postcode district. The below map shows the position of No. 13 on NICHOLAS DRIVE.