15, THE DRIVE, BARWELL, LEICESTER, LE9 8LB - £150,000

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 THE DRIVE is a very small detached house of 57m², built sometime between 1976 and 1982. It was last sold for £150,000 in July 2018, which was around 50% below the average July 2018 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was B.

15 THE DRIVE Sold Prices

Land registry data shows two sales for 15 THE 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 Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 15 THE 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
2018 20 JUL	£150,000	£301,768	50% below HPI
1999 16 DEC	£69,950	£102,165	32% below HPI

15 THE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The two 15 THE DRIVE sales from December 1999 and July 2018 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 1999 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2018 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 15 THE DRIVE?

15 THE DRIVE is 57m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of detached houses in Barwell, based on EPC data. The below chart shows the distribution of detached houses by size in Barwell, and where 15 THE DRIVE lies on this distribution: 6% of detached houses are smaller than 15 THE DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Barwell.

15 THE DRIVE: Plot and Title Map

15 THE DRIVE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 15 THE 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 THE 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 THE DRIVE?

15 THE DRIVE is located in BARWELL, in the LE9 postcode district. The below map shows the position of No. 15 on THE DRIVE.