5, THE DRIVE, BIRSTALL, LEICESTER, LE4 4BL - £262,500

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.

5 THE DRIVE is a large detached house of 133m², built sometime between 1976 and 1982, which could now be worth an estimated £434,761. It was last sold for £262,500 in June 2014, which was around 4% above the average June 2014 detached price in the Charnwood local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.

5 THE DRIVE Sold Prices

Land registry data shows two sales for 5 THE 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 Charnwood local authority area for the corresponding sale date. Both of the two 5 THE 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
2014 13 JUN	£262,500	£251,306	4% above HPI
1995 1 DEC	£109,000	£81,673	33% above HPI

5 THE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 5 THE DRIVE sales from December 1995 and June 2014 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 December 1995 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the June 2014 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 5 THE DRIVE be worth now?

5 THE DRIVE might now be worth an estimated £434,761.

This is based on house price inflation of 65.6%, between June 2014 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.6% inflationary increase is applied to the most recent sale price for 5 THE DRIVE of £262,500 on 13th June 2014. For the value to have increased from £262,500 to £434,761 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 5 THE DRIVE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The June 2014 sale price of £262,500 represented a fair market value for the property.
• The size, condition, and specification of 5 THE DRIVE has not materially changed since June 2014.

How Large is 5 THE DRIVE?

5 THE DRIVE is 133m² according to the EPC inspection conducted in March 2014. This puts it in the largest 30% of detached houses houses in Birstall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birstall, and where 5 THE DRIVE lies on this distribution: 76% of detached houses houses are smaller than 5 THE DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Birstall.

5 THE DRIVE: Plot and Title Map

5 THE DRIVE sits on a plot of roughly 0.190 of an acre, or 768m². The below map shows the location of 5 THE 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 THE 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 THE DRIVE?

5 THE DRIVE is located in BIRSTALL, in the LE4 postcode district. The below map shows the position of No. 5 on THE DRIVE.