41, SPEEDWELL DRIVE, BROUGHTON ASTLEY, LEICESTER, LE9 6YW - £447,000

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 SPEEDWELL DRIVE is a midsized detached house of 123m², built sometime between 1996 and 2002, which could now be worth an estimated £532,800. It was last sold for £447,000 in February 2021, which was around 10% above the average February 2021 detached price in the Harborough local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

41 SPEEDWELL DRIVE Sold Prices

Land registry data shows two sales for 41 SPEEDWELL 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 Harborough local authority area for the corresponding sale date. Both of the two 41 SPEEDWELL 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
2021 19 FEB	£447,000	£407,197	10% above HPI
1999 19 MAR	£131,950	£106,751	24% above HPI

41 SPEEDWELL DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The two 41 SPEEDWELL DRIVE sales from March 1999 and February 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 1999 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the February 2021 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 41 SPEEDWELL DRIVE be worth now?

41 SPEEDWELL DRIVE might now be worth an estimated £532,800.

This is based on house price inflation of 19.2%, between February 2021 and February 2025, for detached houses, in the Harborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.2% inflationary increase is applied to the most recent sale price for 41 SPEEDWELL DRIVE of £447,000 on 19th February 2021. For the value to have increased from £447,000 to £532,800 over the four years to February 2025, the following assumptions must hold true:

• The value of 41 SPEEDWELL DRIVE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The February 2021 sale price of £447,000 represented a fair market value for the property.
• The size, condition, and specification of 41 SPEEDWELL DRIVE has not materially changed since February 2021.

How Large is 41 SPEEDWELL DRIVE?

41 SPEEDWELL DRIVE is 123m² according to the EPC inspection conducted in August 2020. This puts it in the largest 50% of detached houses houses in Broughton Astley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Broughton Astley, and where 41 SPEEDWELL DRIVE lies on this distribution: 55% of detached houses houses are smaller than 41 SPEEDWELL DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Broughton Astley.

41 SPEEDWELL DRIVE: Plot and Title Map

41 SPEEDWELL DRIVE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 41 SPEEDWELL 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 SPEEDWELL 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 SPEEDWELL DRIVE?

41 SPEEDWELL DRIVE is located in BROUGHTON ASTLEY, in the LE9 postcode district. The below map shows the position of No. 41 on SPEEDWELL DRIVE.