24, PHILLIP DRIVE, GLEN PARVA, LEICESTER, LE2 9US - £250,000

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.

24 PHILLIP DRIVE is a very small detached house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £251,590. It was last sold for £250,000 in August 2023, which was around 36% below the average August 2023 detached price in the Blaby local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

24 PHILLIP DRIVE Sold Prices

Land registry data shows three sales for 24 PHILLIP 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 24 PHILLIP 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 23 AUG	£250,000	£387,787	36% below HPI
1999 19 MAR	£75,000	£87,939	15% below HPI
1998 27 FEB	£69,895	£82,324	15% below HPI

24 PHILLIP 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 24 PHILLIP DRIVE sales between February 1998 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 March 1999 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2023 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 24 PHILLIP DRIVE be worth now?

24 PHILLIP DRIVE might now be worth an estimated £251,590.

This is based on house price inflation of 0.6%, between August 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 0.6% inflationary increase is applied to the most recent sale price for 24 PHILLIP DRIVE of £250,000 on 23rd August 2023. For the value to have increased from £250,000 to £251,590 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 24 PHILLIP DRIVE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The August 2023 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 24 PHILLIP DRIVE has not materially changed since August 2023.

How Large is 24 PHILLIP DRIVE?

24 PHILLIP DRIVE is 77m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% 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 PHILLIP DRIVE lies on this distribution: 11% of detached houses houses are smaller than 24 PHILLIP DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Leicester.

24 PHILLIP DRIVE: Plot and Title Map

24 PHILLIP DRIVE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 24 PHILLIP 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 PHILLIP 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 PHILLIP DRIVE?

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