29, WREAKE DRIVE, REARSBY, LEICESTER, LE7 4YZ - £499,950

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 WREAKE DRIVE is a midsized extended detached house of 130m², built sometime between 1967 and 1975, which could now be worth an estimated £525,060. It was last sold for £499,950 in May 2024, which was around 26% above the average May 2024 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

29 WREAKE DRIVE Sold Prices

Land registry data shows two sales for 29 WREAKE 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 Charnwood local authority area for the corresponding sale date. One of the two 29 WREAKE DRIVE sales was for above the average price, whilst the other was 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
2024 28 MAY	£499,950	£396,316	26% above HPI
2009 12 NOV	£222,000	£234,734	5% below HPI

29 WREAKE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 29 WREAKE DRIVE sales from November 2009 and May 2024 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 November 2009 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2024 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 29 WREAKE DRIVE be worth now?

29 WREAKE DRIVE might now be worth an estimated £525,060.

This is based on house price inflation of 5%, between May 2024 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5% inflationary increase is applied to the most recent sale price for 29 WREAKE DRIVE of £499,950 on 28th May 2024. For the value to have increased from £499,950 to £525,060 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 29 WREAKE DRIVE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The May 2024 sale price of £499,950 represented a fair market value for the property.
• The size, condition, and specification of 29 WREAKE DRIVE has not materially changed since May 2024.

How Large is 29 WREAKE DRIVE?

29 WREAKE DRIVE is 130m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 50% of detached houses houses in Rearsby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rearsby, and where 29 WREAKE DRIVE lies on this distribution: 52% of detached houses houses are smaller than 29 WREAKE DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Rearsby.

29 WREAKE DRIVE: Plot and Title Map

29 WREAKE DRIVE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 29 WREAKE 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 WREAKE 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 WREAKE DRIVE?

29 WREAKE DRIVE is located in REARSBY, in the LE7 postcode district. The below map shows the position of No. 29 on WREAKE DRIVE.