2A, MONSELL DRIVE, LEICESTER, LE2 8PN - £405,000

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.

2A MONSELL DRIVE is a large detached house of 146m², built sometime between 2003 and 2006, which could now be worth an estimated £421,797. It was last sold for £405,000 in May 2022, which was around 9% above the average May 2022 detached price in the Leicester local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

2A MONSELL DRIVE Sold Prices

Land registry data shows three sales for 2A MONSELL 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 2A MONSELL DRIVE sales were 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
2022 6 MAY	£405,000	£370,700	9% above HPI
2015 24 FEB	£285,000	£222,948	28% above HPI
2007 28 SEP	£258,000	£215,571	20% above HPI

2A MONSELL 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 MONSELL DRIVE sales between September 2007 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 2015 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the May 2022 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2A MONSELL DRIVE be worth now?

2A MONSELL DRIVE might now be worth an estimated £421,797.

This is based on house price inflation of 4.1%, between May 2022 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 4.1% inflationary increase is applied to the most recent sale price for 2A MONSELL DRIVE of £405,000 on 6th May 2022. For the value to have increased from £405,000 to £421,797 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 2A MONSELL DRIVE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The May 2022 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 2A MONSELL DRIVE has not materially changed since May 2022.

How Large is 2A MONSELL DRIVE?

2A MONSELL DRIVE is 146m² according to the EPC inspection conducted in October 2013. This puts it in the largest 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 2A MONSELL DRIVE lies on this distribution: 75% of detached houses houses are smaller than 2A MONSELL DRIVE, and 25% of houses are larger. Note that EPC data is not available for all properties in Leicester.

2A MONSELL DRIVE: Plot and Title Map

2A MONSELL DRIVE sits on a plot of roughly 0.128 of an acre, or 520m². The below map shows the location of 2A MONSELL 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 MONSELL 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 MONSELL DRIVE?

2A MONSELL DRIVE is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 2A on MONSELL DRIVE.