Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
5 PARK HILL DRIVE is a midsized extended detached house of 125m², built sometime between 1930 and 1949. It was last sold for £235,000 in May 2016, which was around 7% below the average May 2016 detached price in the Leicester local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 5 PARK HILL DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. One of the three 5 PARK HILL DRIVE sales was for below the average price, whilst two 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 |
---|---|---|---|
2016 13 MAY | £235,000 | £251,861 | 7% below HPI |
2006 13 JAN | £275,000 | £201,681 | 36% above HPI |
2001 7 SEP | £162,000 | £106,853 | 52% above HPI |
The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The three 5 PARK HILL DRIVE sales between September 2001 and May 2016 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 2006 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the May 2016 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.
5 PARK HILL DRIVE is 125m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 50% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 5 PARK HILL DRIVE lies on this distribution: 59% of detached houses are smaller than 5 PARK HILL DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Leicester.
5 PARK HILL DRIVE sits on a plot of roughly 0.139 of an acre, or 564m². The below map shows the location of 5 PARK HILL 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 5 PARK HILL 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.
5 PARK HILL DRIVE is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 5 on PARK HILL DRIVE.