5, SMITHY FARM DRIVE, STONEY STANTON, LEICESTER, LE9 4WH - £245,000

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

5 SMITHY FARM DRIVE is a midsized extended detached house of 98m², built sometime between 1991 and 1995, which could now be worth an estimated £304,415. It was last sold for £245,000 in July 2019, which was around 22% below the average July 2019 detached price in the Blaby local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

5 SMITHY FARM DRIVE Sold Prices

Land registry data shows two sales for 5 SMITHY FARM 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 Blaby local authority area for the corresponding sale date. Both of the two 5 SMITHY FARM DRIVE sales were for below 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
2019 12 JUL	£245,000	£314,084	22% below HPI
2002 4 JUL	£135,000	£142,752	5% below HPI

5 SMITHY FARM 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 two 5 SMITHY FARM DRIVE sales from July 2002 and July 2019 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 July 2002 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 5 SMITHY FARM DRIVE be worth now?

5 SMITHY FARM DRIVE might now be worth an estimated £304,415.

This is based on house price inflation of 24.3%, between July 2019 and February 2025, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.3% inflationary increase is applied to the most recent sale price for 5 SMITHY FARM DRIVE of £245,000 on 12th July 2019. For the value to have increased from £245,000 to £304,415 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 5 SMITHY FARM DRIVE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The July 2019 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SMITHY FARM DRIVE has not materially changed since July 2019.

How Large is 5 SMITHY FARM DRIVE?

5 SMITHY FARM DRIVE is 98m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 50% of detached houses houses in Stoney Stanton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stoney Stanton, and where 5 SMITHY FARM DRIVE lies on this distribution: 41% of detached houses houses are smaller than 5 SMITHY FARM DRIVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Stoney Stanton.

5 SMITHY FARM DRIVE: Plot and Title Map

5 SMITHY FARM DRIVE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 5 SMITHY FARM 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 SMITHY FARM 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 5 SMITHY FARM DRIVE?

5 SMITHY FARM DRIVE is located in STONEY STANTON, in the LE9 postcode district. The below map shows the position of No. 5 on SMITHY FARM DRIVE.