24, PARSONS DRIVE, GLEN PARVA, LEICESTER, LE2 9NS - £250,000

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

24 PARSONS DRIVE is a midsized detached house of 113m², built sometime between 1983 and 1990, which could now be worth an estimated £311,373. It was last sold for £250,000 in November 2019, which was around 20% below the average November 2019 detached price in the Blaby local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

24 PARSONS DRIVE Sold Prices

Land registry data shows two sales for 24 PARSONS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. Both of the two 24 PARSONS 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
2019 27 NOV	£250,000	£313,332	20% below HPI
1998 28 MAY	£82,250	£84,421	3% below HPI

24 PARSONS 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 two 24 PARSONS DRIVE sales from May 1998 and November 2019 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 May 1998 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 24 PARSONS DRIVE be worth now?

24 PARSONS DRIVE might now be worth an estimated £311,373.

This is based on house price inflation of 24.5%, between November 2019 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 24.5% inflationary increase is applied to the most recent sale price for 24 PARSONS DRIVE of £250,000 on 27th November 2019. For the value to have increased from £250,000 to £311,373 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 24 PARSONS DRIVE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The November 2019 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 24 PARSONS DRIVE has not materially changed since November 2019.

How Large is 24 PARSONS DRIVE?

24 PARSONS DRIVE is 113m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 50% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 24 PARSONS DRIVE lies on this distribution: 47% of detached houses houses are smaller than 24 PARSONS DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Leicester.

24 PARSONS DRIVE: Plot and Title Map

24 PARSONS DRIVE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 24 PARSONS 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 24 PARSONS 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 24 PARSONS DRIVE?

24 PARSONS DRIVE is located in GLEN PARVA, in the LE2 postcode district. The below map shows the position of No. 24 on PARSONS DRIVE.