3, GEORGE SMITH DRIVE, COALVILLE, LE67 3JP - £270,000

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

3 GEORGE SMITH DRIVE is a small detached house of 87m², built sometime between 2007 and 2011. It was last sold for £270,000 in November 2022, which was around 29% below the average November 2022 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

3 GEORGE SMITH DRIVE Sold Prices

Land registry data shows three sales for 3 GEORGE SMITH 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 North West Leicestershire local authority area for the corresponding sale date. All of the three 3 GEORGE SMITH 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 24 NOV	£270,000	£377,998	29% below HPI
2014 27 JAN	£159,950	£231,955	31% below HPI
2010 30 APR	£179,950	£213,663	16% below HPI

3 GEORGE SMITH DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The three 3 GEORGE SMITH DRIVE sales between April 2010 and November 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 January 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 3 GEORGE SMITH DRIVE be worth now?

3 GEORGE SMITH DRIVE might now be worth an estimated £280,606.

This is based on house price inflation of 3.9%, between November 2022 and December 2024, for detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.9% inflationary increase is applied to the most recent sale price for 3 GEORGE SMITH DRIVE of £270,000 on 24th November 2022. For the value to have increased from £270,000 to £280,606 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 3 GEORGE SMITH DRIVE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The November 2022 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GEORGE SMITH DRIVE has not materially changed since November 2022.

How Large is 3 GEORGE SMITH DRIVE?

3 GEORGE SMITH DRIVE is 87m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 30% of detached houses houses in Coalville, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coalville, and where 3 GEORGE SMITH DRIVE lies on this distribution: 20% of detached houses houses are smaller than 3 GEORGE SMITH DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Coalville.

3 GEORGE SMITH DRIVE: Plot and Title Map

3 GEORGE SMITH DRIVE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 3 GEORGE SMITH 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 3 GEORGE SMITH 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 3 GEORGE SMITH DRIVE?

3 GEORGE SMITH DRIVE is located in COALVILLE, in the LE67 postcode district. The below map shows the position of No. 3 on GEORGE SMITH DRIVE.