33, DRAGON LANE, NEWBOLD VERDON, LEICESTER, LE9 9NG - £300,000

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.

33 DRAGON LANE is a small detached house of 93m², built sometime from 2007 onwards, which could now be worth an estimated £388,808. It was last sold for £300,000 in May 2019, which was around 2% above the average May 2019 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was A.

33 DRAGON LANE Sold Prices

Land registry data shows four sales for 33 DRAGON LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Most of the four 33 DRAGON LANE 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
2019 28 MAY	£300,000	£294,012	2% above HPI
2014 3 OCT	£172,500	£223,924	23% below HPI
1998 3 AUG	£29,000	£84,329	66% below HPI
1995 14 JUL	£47,000	£68,767	32% below HPI

33 DRAGON LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The four 33 DRAGON LANE sales between July 1995 and May 2019 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 October 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2019 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 33 DRAGON LANE be worth now?

33 DRAGON LANE might now be worth an estimated £388,808.

This is based on house price inflation of 29.6%, between May 2019 and February 2025, for detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.6% inflationary increase is applied to the most recent sale price for 33 DRAGON LANE of £300,000 on 28th May 2019. For the value to have increased from £300,000 to £388,808 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 33 DRAGON LANE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The May 2019 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 33 DRAGON LANE has not materially changed since May 2019.

How Large is 33 DRAGON LANE?

33 DRAGON LANE is 93m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% of detached houses houses in Newbold Verdon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newbold Verdon, and where 33 DRAGON LANE lies on this distribution: 29% of detached houses houses are smaller than 33 DRAGON LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Newbold Verdon.

33 DRAGON LANE: Plot and Title Map

33 DRAGON LANE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 33 DRAGON LANE, 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 33 DRAGON LANE). 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 33 DRAGON LANE?

33 DRAGON LANE is located in NEWBOLD VERDON, in the LE9 postcode district. The below map shows the position of No. 33 on DRAGON LANE.