2, DROVERS WAY, DESFORD, LEICESTER, LE9 9DW - £267,000

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.

2 DROVERS WAY is a large extended detached house of 146m², built sometime between 1996 and 2002, which could now be worth an estimated £498,794. It was last sold for £267,000 in September 2012, which was around 31% above the average September 2012 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

2 DROVERS WAY Sold Prices

Land registry data shows three sales for 2 DROVERS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the three 2 DROVERS WAY sales were for above 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
2012 14 SEP	£267,000	£203,971	31% above HPI
2003 19 SEP	£230,000	£175,626	31% above HPI
2002 3 MAY	£180,000	£130,912	37% above HPI

2 DROVERS WAY 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 three 2 DROVERS WAY sales between May 2002 and September 2012 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 September 2003 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2012 sale, which was also at 31% above the HPI.

What might 2 DROVERS WAY be worth now?

2 DROVERS WAY might now be worth an estimated £498,794.

This is based on house price inflation of 86.8%, between September 2012 and February 2025, for detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 86.8% inflationary increase is applied to the most recent sale price for 2 DROVERS WAY of £267,000 on 14th September 2012. For the value to have increased from £267,000 to £498,794 over the thirteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 DROVERS WAY has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The September 2012 sale price of £267,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DROVERS WAY has not materially changed since September 2012.

How Large is 2 DROVERS WAY?

2 DROVERS WAY is 146m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 30% of detached houses houses in Desford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Desford, and where 2 DROVERS WAY lies on this distribution: 72% of detached houses houses are smaller than 2 DROVERS WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Desford.

2 DROVERS WAY: Plot and Title Map

2 DROVERS WAY sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 2 DROVERS WAY, 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 2 DROVERS WAY). 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 2 DROVERS WAY?

2 DROVERS WAY is located in DESFORD, in the LE9 postcode district. The below map shows the position of No. 2 on DROVERS WAY.