4, NETHERCROFT DRIVE, PACKINGTON, ASHBY-DE-LA-ZOUCH, LE65 1WT - £250,000

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 NETHERCROFT DRIVE is a small extended detached house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £397,818. It was last sold for £250,000 in August 2015, which was about the average August 2015 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was C.

4 NETHERCROFT DRIVE Sold Prices

Land registry data shows three sales for 4 NETHERCROFT 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 North West Leicestershire local authority area for the corresponding sale date. The three 4 NETHERCROFT DRIVE sales were a mix of roughly equal to the average price, above the average price, and 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
2015 26 AUG	£250,000	£249,734	Close to HPI
2008 4 AUG	£247,500	£240,684	3% above HPI
2005 13 JUL	£221,000	£227,720	3% below HPI

4 NETHERCROFT DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The three 4 NETHERCROFT DRIVE sales between July 2005 and August 2015 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 August 2008 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2015 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 4 NETHERCROFT DRIVE be worth now?

4 NETHERCROFT DRIVE might now be worth an estimated £397,818.

This is based on house price inflation of 59.1%, between August 2015 and February 2025, for detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.1% inflationary increase is applied to the most recent sale price for 4 NETHERCROFT DRIVE of £250,000 on 26th August 2015. For the value to have increased from £250,000 to £397,818 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 4 NETHERCROFT DRIVE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The August 2015 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 4 NETHERCROFT DRIVE has not materially changed since August 2015.

How Large is 4 NETHERCROFT DRIVE?

4 NETHERCROFT DRIVE is 104m², which includes two extensions, according to the EPC inspection conducted in September 2010. This puts it in the smallest 20% of detached houses houses in Packington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Packington, and where 4 NETHERCROFT DRIVE lies on this distribution: 20% of detached houses houses are smaller than 4 NETHERCROFT DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Packington.

4 NETHERCROFT DRIVE: Plot and Title Map

4 NETHERCROFT DRIVE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 4 NETHERCROFT 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 NETHERCROFT 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 NETHERCROFT DRIVE?

4 NETHERCROFT DRIVE is located in PACKINGTON, in the LE65 postcode district. The below map shows the position of No. 4 on NETHERCROFT DRIVE.