18, ALCESTER DRIVE, LEICESTER, LE5 6LA - £362,000

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.

18 ALCESTER DRIVE is a small detached house of 89m², built sometime between 1950 and 1966, which could now be worth an estimated £470,068. It was last sold for £362,000 in May 2019, which was around 22% above the average May 2019 detached price in the Leicester local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

18 ALCESTER DRIVE Sold Prices

Land registry data shows two sales for 18 ALCESTER 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. One of the two 18 ALCESTER DRIVE sales was for above the average price, whilst the other was 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
2019 23 MAY	£362,000	£297,316	22% above HPI
2013 15 APR	£177,500	£203,182	13% below HPI

18 ALCESTER 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 18 ALCESTER DRIVE sales from April 2013 and May 2019 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 April 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2019 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 18 ALCESTER DRIVE be worth now?

18 ALCESTER DRIVE might now be worth an estimated £470,068.

This is based on house price inflation of 29.9%, between May 2019 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 29.9% inflationary increase is applied to the most recent sale price for 18 ALCESTER DRIVE of £362,000 on 23rd May 2019. For the value to have increased from £362,000 to £470,068 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 18 ALCESTER DRIVE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The May 2019 sale price of £362,000 represented a fair market value for the property.
• The size, condition, and specification of 18 ALCESTER DRIVE has not materially changed since May 2019.

How Large is 18 ALCESTER DRIVE?

18 ALCESTER DRIVE is 89m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 30% 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 18 ALCESTER DRIVE lies on this distribution: 23% of detached houses houses are smaller than 18 ALCESTER DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Leicester.

18 ALCESTER DRIVE: Plot and Title Map

18 ALCESTER DRIVE sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of 18 ALCESTER 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 18 ALCESTER 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 18 ALCESTER DRIVE?

18 ALCESTER DRIVE is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 18 on ALCESTER DRIVE.