36, SOMERSET DRIVE, GLENFIELD, LEICESTER, LE3 8QW - £400,000

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

36 SOMERSET DRIVE is a small detached house of 96m², built sometime before 1900. It was last sold for £400,000 in November 2022, which was around 1% below the average November 2022 detached price in the Blaby local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

36 SOMERSET DRIVE Sold Prices

Land registry data shows three sales for 36 SOMERSET 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 Blaby local authority area for the corresponding sale date. One of the three 36 SOMERSET DRIVE sales was for below the average price, whilst two 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 25 NOV	£400,000	£405,777	1% below HPI
2006 24 APR	£223,800	£218,782	2% above HPI
1999 28 MAY	£101,250	£91,968	10% above HPI

36 SOMERSET DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The three 36 SOMERSET DRIVE sales between May 1999 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 April 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2022 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 36 SOMERSET DRIVE?

36 SOMERSET DRIVE is 96m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 40% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 36 SOMERSET DRIVE lies on this distribution: 30% of detached houses are smaller than 36 SOMERSET DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Leicester.

36 SOMERSET DRIVE: Plot and Title Map

36 SOMERSET DRIVE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 36 SOMERSET 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 36 SOMERSET 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 36 SOMERSET DRIVE?

36 SOMERSET DRIVE is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 36 on SOMERSET DRIVE.