2A, MARYDENE DRIVE, LEICESTER, LE5 6HD - £279,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2A MARYDENE DRIVE is a very small detached house of 79m², built sometime between 1950 and 1966. It was last sold for £279,000 in January 2021, which was around 19% below the average January 2021 detached price in the Leicester local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

2A MARYDENE DRIVE Sold Prices

Land registry data shows three sales for 2A MARYDENE 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. Two of the three 2A MARYDENE DRIVE sales were for below the average price, whilst one was for above 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
2021 15 JAN	£279,000	£343,037	19% below HPI
2006 15 DEC	£195,000	£210,236	7% below HPI
1997 10 OCT	£84,000	£72,397	16% above HPI

2A MARYDENE 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 2A MARYDENE DRIVE sales between October 1997 and January 2021 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 December 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2A MARYDENE DRIVE?

2A MARYDENE DRIVE is 79m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 20% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 2A MARYDENE DRIVE lies on this distribution: 13% of detached houses are smaller than 2A MARYDENE DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Leicester.

2A MARYDENE DRIVE: Plot and Title Map

2A MARYDENE DRIVE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 2A MARYDENE 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 2A MARYDENE 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 2A MARYDENE DRIVE?

2A MARYDENE DRIVE is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 2A on MARYDENE DRIVE.