41, LOCKEYMEAD DRIVE, DESFORD, LEICESTER, LE9 9JW - £460,000

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.

41 LOCKEYMEAD DRIVE is a very large detached house of 200m², which could now be worth an estimated £568,549. It was last sold for £460,000 in September 2020, which was around 48% above the average September 2020 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was January 2017, where the current energy rating was B, and the potential energy rating was A.

41 LOCKEYMEAD DRIVE Sold Prices

Land registry data shows two sales for 41 LOCKEYMEAD 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 Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 41 LOCKEYMEAD DRIVE sales 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
2020 30 SEP	£460,000	£310,277	48% above HPI
2017 20 JAN	£401,995	£258,533	55% above HPI

41 LOCKEYMEAD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The two 41 LOCKEYMEAD DRIVE sales from January 2017 and September 2020 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 January 2017 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the September 2020 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 41 LOCKEYMEAD DRIVE be worth now?

41 LOCKEYMEAD DRIVE might now be worth an estimated £568,549.

This is based on house price inflation of 23.6%, between September 2020 and March 2025, for detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.6% inflationary increase is applied to the most recent sale price for 41 LOCKEYMEAD DRIVE of £460,000 on 30th September 2020. For the value to have increased from £460,000 to £568,549 over the five years and six months to March 2025, the following assumptions must hold true:

• The value of 41 LOCKEYMEAD DRIVE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The September 2020 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 41 LOCKEYMEAD DRIVE has not materially changed since September 2020.

How Large is 41 LOCKEYMEAD DRIVE?

41 LOCKEYMEAD DRIVE is 200m² according to the EPC inspection conducted in January 2017. This puts it in the largest 10% of detached houses houses in Desford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Desford, and where 41 LOCKEYMEAD DRIVE lies on this distribution: 90% of detached houses houses are smaller than 41 LOCKEYMEAD DRIVE, and 8% of houses are larger. Note that EPC data is not available for all properties in Desford.

41 LOCKEYMEAD DRIVE: Plot and Title Map

41 LOCKEYMEAD DRIVE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 41 LOCKEYMEAD 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 41 LOCKEYMEAD 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 41 LOCKEYMEAD DRIVE?

41 LOCKEYMEAD DRIVE is located in DESFORD, in the LE9 postcode district. The below map shows the position of No. 41 on LOCKEYMEAD DRIVE.