17, MAY DRIVE, GLENFIELD, LEICESTER, LE3 8HT - £325,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

17 MAY DRIVE is a very small detached house of 77m². It was last sold for £325,000 in October 2022, which was around 20% below the average October 2022 detached price in the Blaby local authority area. The most recent EPC inspection was May 2014, where the current energy rating was B, and the potential energy rating was A.

17 MAY DRIVE Sold Prices

Land registry data shows two sales for 17 MAY 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 17 MAY 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
2022 4 OCT	£325,000	£404,990	20% below HPI
2014 30 MAY	£214,995	£237,521	9% below HPI

17 MAY 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 17 MAY DRIVE sales from May 2014 and October 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 2014 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 17 MAY DRIVE?

17 MAY DRIVE is 77m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 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 17 MAY DRIVE lies on this distribution: 11% of detached houses are smaller than 17 MAY DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Leicester.

17 MAY DRIVE: Plot and Title Map

17 MAY DRIVE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 17 MAY 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 17 MAY 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 17 MAY DRIVE?

17 MAY DRIVE is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 17 on MAY DRIVE.