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
18 HOMECROFT DRIVE is a very small extended detached house of 77m², built sometime between 1950 and 1966. It was last sold for £272,500 in November 2016, which was around 7% above the average November 2016 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 18 HOMECROFT DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. One of the two 18 HOMECROFT 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 |
---|---|---|---|
2016 11 NOV | £272,500 | £255,340 | 7% above HPI |
1999 29 JUN | £78,000 | £90,280 | 14% below HPI |
The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two 18 HOMECROFT DRIVE sales from June 1999 and November 2016 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 June 1999 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2016 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.
18 HOMECROFT DRIVE is 77m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of detached houses in Packington, based on EPC data. The below chart shows the distribution of detached houses by size in Packington, and where 18 HOMECROFT DRIVE lies on this distribution: 4% of detached houses are smaller than 18 HOMECROFT DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Packington.
18 HOMECROFT DRIVE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 18 HOMECROFT 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 HOMECROFT 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.
18 HOMECROFT DRIVE is located in PACKINGTON, in the LE65 postcode district. The below map shows the position of No. 18 on HOMECROFT DRIVE.