31, WOODNEWTON DRIVE, LEICESTER, LE5 6NL - £224,000

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.

31 WOODNEWTON DRIVE is a large extended detached house of 130m², built sometime between 1930 and 1949, which could now be worth an estimated £402,084. It was last sold for £224,000 in February 2008, which was around 4% above the average February 2008 detached price in the Leicester local authority area. The most recent EPC inspection was May 2016, where the current energy rating was F, and the potential energy rating was D.

31 WOODNEWTON DRIVE Sold Prices

Land registry data shows three sales for 31 WOODNEWTON 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 31 WOODNEWTON DRIVE sales were for above the average price, whilst one 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
2008 15 FEB	£224,000	£215,081	4% above HPI
2006 20 MAR	£215,000	£194,944	10% above HPI
2000 3 APR	£59,950	£83,463	28% below HPI

31 WOODNEWTON 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 31 WOODNEWTON DRIVE sales between April 2000 and February 2008 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 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the February 2008 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 31 WOODNEWTON DRIVE be worth now?

31 WOODNEWTON DRIVE might now be worth an estimated £402,084.

This is based on house price inflation of 79.5%, between February 2008 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 79.5% inflationary increase is applied to the most recent sale price for 31 WOODNEWTON DRIVE of £224,000 on 15th February 2008. For the value to have increased from £224,000 to £402,084 over the seventeen years to February 2025, the following assumptions must hold true:

• The value of 31 WOODNEWTON DRIVE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The February 2008 sale price of £224,000 represented a fair market value for the property.
• The size, condition, and specification of 31 WOODNEWTON DRIVE has not materially changed since February 2008.

How Large is 31 WOODNEWTON DRIVE?

31 WOODNEWTON DRIVE is 130m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 40% 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 31 WOODNEWTON DRIVE lies on this distribution: 64% of detached houses houses are smaller than 31 WOODNEWTON DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Leicester.

31 WOODNEWTON DRIVE: Plot and Title Map

31 WOODNEWTON DRIVE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 31 WOODNEWTON 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 31 WOODNEWTON 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 31 WOODNEWTON DRIVE?

31 WOODNEWTON DRIVE is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 31 on WOODNEWTON DRIVE.