2, WOODNEWTON DRIVE, LEICESTER, LE5 6NJ - £291,000

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 WOODNEWTON DRIVE is a small semi-detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £342,490. It was last sold for £291,000 in May 2021, which was around 31% above the average May 2021 semi-detached price in the Leicester local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

2 WOODNEWTON DRIVE Sold Prices

Land registry data shows three sales for 2 WOODNEWTON DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Leicester local authority area for the corresponding sale date. All of the three 2 WOODNEWTON 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
2021 28 MAY	£291,000	£222,844	31% above HPI
2015 24 JUL	£201,000	£148,818	35% above HPI
2009 10 JUL	£161,000	£122,069	32% above HPI

2 WOODNEWTON DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Leicester local authority area over time, sourced from the HPI. The three 2 WOODNEWTON DRIVE sales between July 2009 and May 2021 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 2015 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the May 2021 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 2 WOODNEWTON DRIVE be worth now?

2 WOODNEWTON DRIVE might now be worth an estimated £342,490.

This is based on house price inflation of 17.7%, between May 2021 and February 2025, for semi-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 17.7% inflationary increase is applied to the most recent sale price for 2 WOODNEWTON DRIVE of £291,000 on 28th May 2021. For the value to have increased from £291,000 to £342,490 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 2 WOODNEWTON DRIVE has moved in line with the HPI for semi-detached houses in the Leicester local authority area.
• The May 2021 sale price of £291,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WOODNEWTON DRIVE has not materially changed since May 2021.

How Large is 2 WOODNEWTON DRIVE?

2 WOODNEWTON DRIVE is 90m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% of semi-detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Leicester, and where 2 WOODNEWTON DRIVE lies on this distribution: 23% of semi-detached houses houses are smaller than 2 WOODNEWTON DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Leicester.

2 WOODNEWTON DRIVE: Plot and Title Map

2 WOODNEWTON DRIVE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 2 WOODNEWTON 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 WOODNEWTON 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 WOODNEWTON DRIVE?

2 WOODNEWTON DRIVE is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 2 on WOODNEWTON DRIVE.