26A, SPEEDWELL DRIVE, HAMILTON, LEICESTER, LE5 1UH - £165,000

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

26A SPEEDWELL DRIVE is a small detached house of 94m², built sometime from 2007 onwards, which could now be worth an estimated £263,702. It was last sold for £165,000 in March 2016, which was around 32% below the average March 2016 detached price in the Leicester local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

26A SPEEDWELL DRIVE Sold Prices

Land registry data shows three sales for 26A SPEEDWELL 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 Leicester local authority area for the corresponding sale date. All of the three 26A SPEEDWELL 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
2016 30 MAR	£165,000	£241,569	32% below HPI
2014 27 JUN	£150,000	£215,908	31% below HPI
2008 29 AUG	£120,000	£205,532	42% below HPI

26A SPEEDWELL DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The three 26A SPEEDWELL DRIVE sales between August 2008 and March 2016 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 June 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 26A SPEEDWELL DRIVE be worth now?

26A SPEEDWELL DRIVE might now be worth an estimated £263,702.

This is based on house price inflation of 59.8%, between March 2016 and February 2025, for 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 59.8% inflationary increase is applied to the most recent sale price for 26A SPEEDWELL DRIVE of £165,000 on 30th March 2016. For the value to have increased from £165,000 to £263,702 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 26A SPEEDWELL DRIVE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The March 2016 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 26A SPEEDWELL DRIVE has not materially changed since March 2016.

How Large is 26A SPEEDWELL DRIVE?

26A SPEEDWELL DRIVE is 94m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 30% 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 26A SPEEDWELL DRIVE lies on this distribution: 28% of detached houses houses are smaller than 26A SPEEDWELL DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Leicester.

26A SPEEDWELL DRIVE: Plot and Title Map

26A SPEEDWELL DRIVE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 26A SPEEDWELL 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 26A SPEEDWELL 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 26A SPEEDWELL DRIVE?

26A SPEEDWELL DRIVE is located in HAMILTON, in the LE5 postcode district. The below map shows the position of No. 26A on SPEEDWELL DRIVE.