140, COLBY DRIVE, THURMASTON, LEICESTER, LE4 8LB - £170,000

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.

140 COLBY DRIVE is a small extended detached house of 71m², built sometime between 1950 and 1966, which could now be worth an estimated £273,422. It was last sold for £170,000 in November 2007, which was around 34% below the average November 2007 detached price in the Charnwood local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

140 COLBY DRIVE Sold Prices

Land registry data shows three sales for 140 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 140 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
2007 16 NOV	£170,000	£258,785	34% below HPI
2004 26 AUG	£165,000	£227,616	28% below HPI
2003 18 FEB	£124,950	£182,504	32% below HPI

140 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 140 COLBY DRIVE sales between February 2003 and November 2007 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 August 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2007 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 140 COLBY DRIVE be worth now?

140 COLBY DRIVE might now be worth an estimated £273,422.

This is based on house price inflation of 60.8%, between November 2007 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.8% inflationary increase is applied to the most recent sale price for 140 COLBY DRIVE of £170,000 on 16th November 2007. For the value to have increased from £170,000 to £273,422 over the eighteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 140 COLBY DRIVE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The November 2007 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 140 COLBY DRIVE has not materially changed since November 2007.

How Large is 140 COLBY DRIVE?

140 COLBY DRIVE is 71m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 30% of detached houses houses in Thurmaston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thurmaston, and where 140 COLBY DRIVE lies on this distribution: 26% of detached houses houses are smaller than 140 COLBY DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Thurmaston.

140 COLBY DRIVE: Plot and Title Map

140 COLBY DRIVE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 140 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 140 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 140 COLBY DRIVE?

140 COLBY DRIVE is located in THURMASTON, in the LE4 postcode district. The below map shows the position of No. 140 on COLBY DRIVE.