44, NICHOLAS DRIVE, RATBY, LEICESTER, LE6 0NJ - £277,500

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

44 NICHOLAS DRIVE is a midsized extended semi-detached house of 89m², built sometime between 1967 and 1975, which could now be worth an estimated £285,259. It was last sold for £277,500 in August 2023, which was around 14% above the average August 2023 semi-detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

44 NICHOLAS DRIVE Sold Prices

Land registry data shows three sales for 44 NICHOLAS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the three 44 NICHOLAS 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
2023 29 AUG	£277,500	£242,529	14% above HPI
2022 29 APR	£271,000	£229,591	18% above HPI
2015 15 MAY	£174,011	£146,522	19% above HPI

44 NICHOLAS DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The three 44 NICHOLAS DRIVE sales between May 2015 and August 2023 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 April 2022 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2023 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 44 NICHOLAS DRIVE be worth now?

44 NICHOLAS DRIVE might now be worth an estimated £285,259.

This is based on house price inflation of 2.8%, between August 2023 and February 2025, for semi-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 2.8% inflationary increase is applied to the most recent sale price for 44 NICHOLAS DRIVE of £277,500 on 29th August 2023. For the value to have increased from £277,500 to £285,259 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 44 NICHOLAS DRIVE has moved in line with the HPI for semi-detached houses in the Hinckley and Bosworth local authority area.
• The August 2023 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 44 NICHOLAS DRIVE has not materially changed since August 2023.

How Large is 44 NICHOLAS DRIVE?

44 NICHOLAS DRIVE is 89m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 50% of semi-detached houses houses in Ratby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ratby, and where 44 NICHOLAS DRIVE lies on this distribution: 42% of semi-detached houses houses are smaller than 44 NICHOLAS DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Ratby.

44 NICHOLAS DRIVE: Plot and Title Map

44 NICHOLAS DRIVE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 44 NICHOLAS 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 44 NICHOLAS 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 44 NICHOLAS DRIVE?

44 NICHOLAS DRIVE is located in RATBY, in the LE6 postcode district. The below map shows the position of No. 44 on NICHOLAS DRIVE.