4, CROFTERS DRIVE, LEICESTER, LE5 2FH - £258,000

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.

4 CROFTERS DRIVE is a small detached house of 89m², built sometime between 1991 and 1995, which could now be worth an estimated £338,947. It was last sold for £258,000 in October 2018, which was around 12% below the average October 2018 detached price in the Leicester local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

4 CROFTERS DRIVE Sold Prices

Land registry data shows two sales for 4 CROFTERS 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 Leicester local authority area for the corresponding sale date. One of the two 4 CROFTERS DRIVE sales was for below the average price, whilst the other was 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
2018 10 OCT	£258,000	£293,872	12% below HPI
1995 27 MAR	£91,500	£66,658	37% above HPI

4 CROFTERS 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 two 4 CROFTERS DRIVE sales from March 1995 and October 2018 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 1995 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the October 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 4 CROFTERS DRIVE be worth now?

4 CROFTERS DRIVE might now be worth an estimated £338,947.

This is based on house price inflation of 31.4%, between October 2018 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 31.4% inflationary increase is applied to the most recent sale price for 4 CROFTERS DRIVE of £258,000 on 10th October 2018. For the value to have increased from £258,000 to £338,947 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 CROFTERS DRIVE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The October 2018 sale price of £258,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CROFTERS DRIVE has not materially changed since October 2018.

How Large is 4 CROFTERS DRIVE?

4 CROFTERS DRIVE is 89m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% 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 4 CROFTERS DRIVE lies on this distribution: 22% of detached houses houses are smaller than 4 CROFTERS DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Leicester.

4 CROFTERS DRIVE: Plot and Title Map

4 CROFTERS DRIVE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 4 CROFTERS 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 4 CROFTERS 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 4 CROFTERS DRIVE?

4 CROFTERS DRIVE is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 4 on CROFTERS DRIVE.