48, NAVIGATION DRIVE, GLEN PARVA, LEICESTER, LE2 9TB - £390,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

48 NAVIGATION DRIVE is a very large detached house of 196m², built sometime between 2003 and 2006. It was last sold for £390,000 in February 2021, which was around 15% above the average February 2021 detached price in the Blaby local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was C.

48 NAVIGATION DRIVE Sold Prices

Land registry data shows three sales for 48 NAVIGATION 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 Blaby local authority area for the corresponding sale date. All of the three 48 NAVIGATION 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 24 FEB	£390,000	£337,984	15% above HPI
2007 10 OCT	£287,500	£245,171	17% above HPI
2004 25 JUN	£314,950	£203,766	55% above HPI

48 NAVIGATION 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 three 48 NAVIGATION DRIVE sales between June 2004 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 October 2007 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the February 2021 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 48 NAVIGATION DRIVE?

48 NAVIGATION DRIVE is 196m² according to the EPC inspection conducted in April 2013. This puts it in the largest 10% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 48 NAVIGATION DRIVE lies on this distribution: 92% of detached houses are smaller than 48 NAVIGATION DRIVE, and 8% of houses are larger. Note that EPC data is not available for all properties in Leicester.

48 NAVIGATION DRIVE: Plot and Title Map

48 NAVIGATION DRIVE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 48 NAVIGATION 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 48 NAVIGATION 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 48 NAVIGATION DRIVE?

48 NAVIGATION DRIVE is located in GLEN PARVA, in the LE2 postcode district. The below map shows the position of No. 48 on NAVIGATION DRIVE.