131, COLBY DRIVE, THURMASTON, LEICESTER, LE4 8LD - £173,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

131 COLBY DRIVE is a very small detached house of 57m², built sometime between 2003 and 2006. It was last sold for £173,000 in May 2017, which was around 42% below the average May 2017 detached price in the Charnwood local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.

131 COLBY DRIVE Sold Prices

Land registry data shows three sales for 131 COLBY 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 Charnwood local authority area for the corresponding sale date. All of the three 131 COLBY 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
2017 5 MAY	£173,000	£298,012	42% below HPI
2014 15 DEC	£152,500	£266,104	43% below HPI
2006 19 MAY	£143,000	£228,450	37% below HPI

131 COLBY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The three 131 COLBY DRIVE sales between May 2006 and May 2017 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 December 2014 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the May 2017 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 131 COLBY DRIVE?

131 COLBY DRIVE is 57m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of detached houses in Thurmaston, based on EPC data. The below chart shows the distribution of detached houses by size in Thurmaston, and where 131 COLBY DRIVE lies on this distribution: 7% of detached houses are smaller than 131 COLBY DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Thurmaston.

131 COLBY DRIVE: Plot and Title Map

131 COLBY DRIVE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 131 COLBY 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 131 COLBY 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 131 COLBY DRIVE?

131 COLBY DRIVE is located in THURMASTON, in the LE4 postcode district. The below map shows the position of No. 131 on COLBY DRIVE.