4, HOLMWOOD DRIVE, LEICESTER, LE3 9LF - £300,000

4 HOLMWOOD DRIVE is a very small detached house of 70m², built sometime between 1950 and 1966. It was last sold for £300,000 in August 2021, which was around 14% below the average August 2021 detached price in the Leicester local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

4 HOLMWOOD DRIVE Sold Prices

Land registry data shows three sales for 4 HOLMWOOD 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. All of the three 4 HOLMWOOD 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
2021 11 AUG	£300,000	£347,068	14% below HPI
2014 14 MAR	£147,000	£218,629	33% below HPI
2003 27 JAN	£93,000	£151,617	39% below HPI

4 HOLMWOOD 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 4 HOLMWOOD DRIVE sales between January 2003 and August 2021 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 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 4 HOLMWOOD DRIVE?

4 HOLMWOOD DRIVE is 70m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 4 HOLMWOOD DRIVE lies on this distribution: 7% of detached houses are smaller than 4 HOLMWOOD DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Leicester.

4 HOLMWOOD DRIVE: Plot and Title Map

4 HOLMWOOD DRIVE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 4 HOLMWOOD 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 HOLMWOOD 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 HOLMWOOD DRIVE?

4 HOLMWOOD DRIVE is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 4 on HOLMWOOD DRIVE.