16A, BALMORAL DRIVE, LEICESTER, LE3 3AD - £129,000

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

16A BALMORAL DRIVE is a small detached house of 93m², built sometime between 1950 and 1966. It was last sold for £129,000 in April 2013, which was around 41% below the average April 2013 detached price in the Blaby local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

16A BALMORAL DRIVE Sold Prices

Land registry data shows two sales for 16A BALMORAL 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 Blaby local authority area for the corresponding sale date. Both of the two 16A BALMORAL 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
2013 25 APR	£129,000	£218,516	41% below HPI
2010 26 NOV	£125,000	£228,010	45% below HPI

16A BALMORAL DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The two 16A BALMORAL DRIVE sales from November 2010 and April 2013 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 November 2010 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the April 2013 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 16A BALMORAL DRIVE?

16A BALMORAL DRIVE is 93m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 16A BALMORAL DRIVE lies on this distribution: 27% of detached houses are smaller than 16A BALMORAL DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Leicester.

16A BALMORAL DRIVE: Plot and Title Map

16A BALMORAL DRIVE sits on a plot of roughly 0.045 of an acre, or 180m². The below map shows the location of 16A BALMORAL 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 16A BALMORAL 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 16A BALMORAL DRIVE?

16A BALMORAL DRIVE is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 16A on BALMORAL DRIVE.