25, PARSONS DRIVE, GLEN PARVA, LEICESTER, LE2 9NS - £330,000

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.

25 PARSONS DRIVE is a very small detached house of 74m², built sometime between 1976 and 1982, which could now be worth an estimated £347,985. It was last sold for £330,000 in May 2022, which was around 11% below the average May 2022 detached price in the Blaby local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

25 PARSONS DRIVE Sold Prices

Land registry data shows four sales for 25 PARSONS DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the four 25 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
2022 23 MAY	£330,000	£370,083	11% below HPI
2020 14 FEB	£272,500	£315,643	14% below HPI
2014 21 JUL	£172,000	£233,166	26% below HPI
2006 2 JUN	£167,500	£219,026	24% below HPI

25 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 four 25 PARSONS DRIVE sales between June 2006 and May 2022 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 February 2020 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 25 PARSONS DRIVE be worth now?

25 PARSONS DRIVE might now be worth an estimated £347,985.

This is based on house price inflation of 5.5%, between May 2022 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 5.5% inflationary increase is applied to the most recent sale price for 25 PARSONS DRIVE of £330,000 on 23rd May 2022. For the value to have increased from £330,000 to £347,985 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 25 PARSONS DRIVE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The May 2022 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 25 PARSONS DRIVE has not materially changed since May 2022.

How Large is 25 PARSONS DRIVE?

25 PARSONS DRIVE is 74m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% 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 25 PARSONS DRIVE lies on this distribution: 9% of detached houses houses are smaller than 25 PARSONS DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Leicester.

25 PARSONS DRIVE: Plot and Title Map

25 PARSONS DRIVE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 25 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 25 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 25 PARSONS DRIVE?

25 PARSONS DRIVE is located in GLEN PARVA, in the LE2 postcode district. The below map shows the position of No. 25 on PARSONS DRIVE.