4, MAY DRIVE, GLENFIELD, LEICESTER, LE3 8HT - £270,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 MAY DRIVE is a small detached house of 89m², which could now be worth an estimated £333,982. It was last sold for £270,000 in August 2019, which was around 14% below the average August 2019 detached price in the Blaby local authority area. The most recent EPC inspection was May 2014, where the current energy rating was B, and the potential energy rating was A.

4 MAY DRIVE Sold Prices

Land registry data shows two sales for 4 MAY 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 Blaby local authority area for the corresponding sale date. One of the two 4 MAY 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
2019 9 AUG	£270,000	£315,491	14% below HPI
2014 30 MAY	£234,995	£232,782	1% above HPI

4 MAY 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 two 4 MAY DRIVE sales from May 2014 and August 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 May 2014 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2019 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 4 MAY DRIVE be worth now?

4 MAY DRIVE might now be worth an estimated £333,982.

This is based on house price inflation of 23.7%, between August 2019 and February 2025, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.7% inflationary increase is applied to the most recent sale price for 4 MAY DRIVE of £270,000 on 9th August 2019. For the value to have increased from £270,000 to £333,982 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 4 MAY DRIVE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The August 2019 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MAY DRIVE has not materially changed since August 2019.

How Large is 4 MAY DRIVE?

4 MAY DRIVE is 89m² according to the EPC inspection conducted in May 2014. 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 MAY DRIVE lies on this distribution: 22% of detached houses houses are smaller than 4 MAY DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Leicester.

4 MAY DRIVE: Plot and Title Map

4 MAY DRIVE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 4 MAY 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 MAY 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 MAY DRIVE?

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