29, CROMWELL DRIVE, EAST LEAKE, LOUGHBOROUGH, LE12 6LZ - £320,000

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.

29 CROMWELL DRIVE is a small detached house of 93m², built sometime between 1950 and 1966, which could now be worth an estimated £343,445. It was last sold for £320,000 in August 2022, which was around 31% below the average August 2022 detached price in the Rushcliffe local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

29 CROMWELL DRIVE Sold Prices

Land registry data shows three sales for 29 CROMWELL 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 Rushcliffe local authority area for the corresponding sale date. All of the three 29 CROMWELL 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 3 AUG	£320,000	£466,092	31% below HPI
2012 25 MAY	£182,500	£273,474	33% below HPI
1996 29 MAR	£59,700	£89,088	33% below HPI

29 CROMWELL DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 29 CROMWELL DRIVE sales between March 1996 and August 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 May 2012 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 29 CROMWELL DRIVE be worth now?

29 CROMWELL DRIVE might now be worth an estimated £343,445.

This is based on house price inflation of 7.3%, between August 2022 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.3% inflationary increase is applied to the most recent sale price for 29 CROMWELL DRIVE of £320,000 on 3rd August 2022. For the value to have increased from £320,000 to £343,445 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 29 CROMWELL DRIVE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The August 2022 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 29 CROMWELL DRIVE has not materially changed since August 2022.

How Large is 29 CROMWELL DRIVE?

29 CROMWELL DRIVE is 93m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% of detached houses houses in East Leake, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Leake, and where 29 CROMWELL DRIVE lies on this distribution: 24% of detached houses houses are smaller than 29 CROMWELL DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in East Leake.

29 CROMWELL DRIVE: Plot and Title Map

29 CROMWELL DRIVE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 29 CROMWELL 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 29 CROMWELL 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 29 CROMWELL DRIVE?

29 CROMWELL DRIVE is located in EAST LEAKE, in the LE12 postcode district. The below map shows the position of No. 29 on CROMWELL DRIVE.