15, MONSELL DRIVE, LEICESTER, LE2 8PP - £505,000

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

15 MONSELL DRIVE is a very large extended detached house of 168m², built sometime between 1900 and 1929. It was last sold for £505,000 in March 2022, which was around 32% above the average March 2022 detached price in the Leicester local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was C.

15 MONSELL DRIVE Sold Prices

Land registry data shows three sales for 15 MONSELL 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 Leicester local authority area for the corresponding sale date. All of the three 15 MONSELL 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
2022 24 MAR	£505,000	£382,543	32% above HPI
2016 23 MAY	£310,000	£251,861	23% above HPI
2013 31 MAY	£250,000	£210,247	19% above HPI

15 MONSELL 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 three 15 MONSELL DRIVE sales between May 2013 and March 2022 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 May 2016 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the March 2022 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 15 MONSELL DRIVE?

15 MONSELL DRIVE is 168m², which includes two extensions, according to the EPC inspection conducted in January 2016. This puts it in the largest 20% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 15 MONSELL DRIVE lies on this distribution: 85% of detached houses are smaller than 15 MONSELL DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Leicester.

15 MONSELL DRIVE: Plot and Title Map

15 MONSELL DRIVE sits on a plot of roughly 0.244 of an acre, or 986m². The below map shows the location of 15 MONSELL 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 MONSELL 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 MONSELL DRIVE?

15 MONSELL DRIVE is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 15 on MONSELL DRIVE.