15, HOLMWOOD DRIVE, LEICESTER, LE3 9LG - £297,000

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.

15 HOLMWOOD DRIVE is a very large detached house of 164m², built sometime between 1930 and 1949, which could now be worth an estimated £600,665. It was last sold for £297,000 in January 2010, which was around 56% above the average January 2010 detached price in the Leicester local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was D.

15 HOLMWOOD DRIVE Sold Prices

Land registry data shows two sales for 15 HOLMWOOD 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 15 HOLMWOOD 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
2010 8 JAN	£297,000	£190,895	56% above HPI
1999 30 JUN	£149,000	£79,001	89% above HPI

15 HOLMWOOD 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 15 HOLMWOOD DRIVE sales from June 1999 and January 2010 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 June 1999 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the January 2010 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 15 HOLMWOOD DRIVE be worth now?

15 HOLMWOOD DRIVE might now be worth an estimated £600,665.

This is based on house price inflation of 102.2%, between January 2010 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 102.2% inflationary increase is applied to the most recent sale price for 15 HOLMWOOD DRIVE of £297,000 on 8th January 2010. For the value to have increased from £297,000 to £600,665 over the fourteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 15 HOLMWOOD DRIVE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The January 2010 sale price of £297,000 represented a fair market value for the property.
• The size, condition, and specification of 15 HOLMWOOD DRIVE has not materially changed since January 2010.

How Large is 15 HOLMWOOD DRIVE?

15 HOLMWOOD DRIVE is 164m² according to the EPC inspection conducted in September 2009. This puts it in the largest 20% 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 15 HOLMWOOD DRIVE lies on this distribution: 83% of detached houses houses are smaller than 15 HOLMWOOD DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Leicester.

15 HOLMWOOD DRIVE: Plot and Title Map

15 HOLMWOOD DRIVE sits on a plot of roughly 0.501 of an acre, or 2,026m². The below map shows the location of 15 HOLMWOOD 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 15 HOLMWOOD 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 15 HOLMWOOD DRIVE?

15 HOLMWOOD DRIVE is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 15 on HOLMWOOD DRIVE.