2, SMITHY FARM DRIVE, STONEY STANTON, LEICESTER, LE9 4WH - £440,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 SMITHY FARM DRIVE is a very large extended detached house of 139m², built sometime between 1991 and 1995, which could now be worth an estimated £434,222. It was last sold for £440,000 in February 2023, which was around 11% above the average February 2023 detached price in the Blaby local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was C.

2 SMITHY FARM DRIVE Sold Prices

Land registry data shows three sales for 2 SMITHY FARM DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the three 2 SMITHY FARM DRIVE 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
2023 8 FEB	£440,000	£395,446	11% above HPI
2021 5 MAR	£395,000	£330,552	19% above HPI
1998 12 NOV	£90,500	£87,863	3% above HPI

2 SMITHY FARM 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 three 2 SMITHY FARM DRIVE sales between November 1998 and February 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 March 2021 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the February 2023 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 2 SMITHY FARM DRIVE be worth now?

2 SMITHY FARM DRIVE might now be worth an estimated £434,222.

This is based on house price deflation of 1.3%, between February 2023 and February 2025, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.3% deflationary decrease is applied to the most recent sale price for 2 SMITHY FARM DRIVE of £440,000 on 8th February 2023. For the value to have decreased from £440,000 to £434,222 over the two years to February 2025, the following assumptions must hold true:

• The value of 2 SMITHY FARM DRIVE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The February 2023 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SMITHY FARM DRIVE has not materially changed since February 2023.

How Large is 2 SMITHY FARM DRIVE?

2 SMITHY FARM DRIVE is 139m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of detached houses houses in Stoney Stanton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stoney Stanton, and where 2 SMITHY FARM DRIVE lies on this distribution: 87% of detached houses houses are smaller than 2 SMITHY FARM DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Stoney Stanton.

2 SMITHY FARM DRIVE: Plot and Title Map

2 SMITHY FARM DRIVE sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 2 SMITHY FARM 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 SMITHY FARM 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 SMITHY FARM DRIVE?

2 SMITHY FARM DRIVE is located in STONEY STANTON, in the LE9 postcode district. The below map shows the position of No. 2 on SMITHY FARM DRIVE.