2, MOLYNEUX DRIVE, SILEBY, LOUGHBOROUGH, LE12 7SL - £223,000

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 MOLYNEUX DRIVE is a very small extended semi-detached house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £225,384. It was last sold for £223,000 in August 2023, which was around 14% below the average August 2023 semi-detached price in the Charnwood local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

2 MOLYNEUX DRIVE Sold Prices

Land registry data shows four sales for 2 MOLYNEUX DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Charnwood local authority area for the corresponding sale date. All of the four 2 MOLYNEUX 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
2023 4 AUG	£223,000	£259,647	14% below HPI
2010 2 JUL	£130,000	£151,407	14% below HPI
2004 28 JAN	£124,950	£128,091	2% below HPI
2002 28 JUN	£84,000	£90,651	7% below HPI

2 MOLYNEUX DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Charnwood local authority area over time, sourced from the HPI. The four 2 MOLYNEUX DRIVE sales between June 2002 and August 2023 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 July 2010 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2023 sale, which was also at 14% below the HPI.

What might 2 MOLYNEUX DRIVE be worth now?

2 MOLYNEUX DRIVE might now be worth an estimated £225,384.

This is based on house price inflation of 1.1%, between August 2023 and February 2025, for semi-detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.1% inflationary increase is applied to the most recent sale price for 2 MOLYNEUX DRIVE of £223,000 on 4th August 2023. For the value to have increased from £223,000 to £225,384 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 2 MOLYNEUX DRIVE has moved in line with the HPI for semi-detached houses in the Charnwood local authority area.
• The August 2023 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MOLYNEUX DRIVE has not materially changed since August 2023.

How Large is 2 MOLYNEUX DRIVE?

2 MOLYNEUX DRIVE is 78m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of semi-detached houses houses in Sileby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sileby, and where 2 MOLYNEUX DRIVE lies on this distribution: 13% of semi-detached houses houses are smaller than 2 MOLYNEUX DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Sileby.

2 MOLYNEUX DRIVE: Plot and Title Map

2 MOLYNEUX DRIVE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 2 MOLYNEUX 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 2 MOLYNEUX 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 2 MOLYNEUX DRIVE?

2 MOLYNEUX DRIVE is located in SILEBY, in the LE12 postcode district. The below map shows the position of No. 2 on MOLYNEUX DRIVE.