3, HEREWARD DRIVE, THURNBY, LEICESTER, LE7 9RS - £210,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 HEREWARD DRIVE is a very small detached house of 81m², built sometime between 1950 and 1966. It was last sold for £210,000 in January 2016, which was around 39% below the average January 2016 detached price in the Harborough local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

3 HEREWARD DRIVE Sold Prices

Land registry data shows two sales for 3 HEREWARD 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 Harborough local authority area for the corresponding sale date. Both of the two 3 HEREWARD 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
2016 19 JAN	£210,000	£344,274	39% below HPI
2006 31 MAR	£186,000	£260,485	29% below HPI

3 HEREWARD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The two 3 HEREWARD DRIVE sales from March 2006 and January 2016 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 March 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2016 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 3 HEREWARD DRIVE?

3 HEREWARD DRIVE is 81m² according to the EPC inspection conducted in October 2015. 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 3 HEREWARD DRIVE lies on this distribution: 14% of detached houses are smaller than 3 HEREWARD DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Leicester.

3 HEREWARD DRIVE: Plot and Title Map

3 HEREWARD DRIVE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 3 HEREWARD 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 HEREWARD 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 HEREWARD DRIVE?

3 HEREWARD DRIVE is located in THURNBY, in the LE7 postcode district. The below map shows the position of No. 3 on HEREWARD DRIVE.