5, THE DRIVE, COUNTESTHORPE, LEICESTER, LE8 5PB - £645,000

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 very large detached house of 286m², built sometime before 1900, which could now be worth an estimated £761,493. It was last sold for £645,000 in March 2021, which was around 95% above the average March 2021 detached price in the Blaby local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

5 THE DRIVE Sold Prices

Land registry data shows three sales for 5 THE 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 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
2021 15 MAR	£645,000	£330,552	95% above HPI
2013 21 MAY	£430,000	£215,231	100% above HPI
2009 28 AUG	£445,000	£207,086	115% above HPI

5 THE 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 5 THE DRIVE sales between August 2009 and March 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 May 2013 sale was for 100% above the HPI. So the extrapolation line tracks at 100% above the HPI over time, until the March 2021 sale, where it falls to 95% above the HPI. The line then continues to track at 95% above the HPI.

What might 5 THE DRIVE be worth now?

5 THE DRIVE might now be worth an estimated £761,493.

This is based on house price inflation of 18.1%, between March 2021 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 18.1% inflationary increase is applied to the most recent sale price for 5 THE DRIVE of £645,000 on 15th March 2021. For the value to have increased from £645,000 to £761,493 over the four years and one month 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 Blaby local authority area.
• The March 2021 sale price of £645,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE DRIVE has not materially changed since March 2021.

How Large is 5 THE DRIVE?

5 THE DRIVE is 286m² according to the EPC inspection conducted in May 2011. This puts it in the largest 10% of detached houses houses in Countesthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Countesthorpe, and where 5 THE DRIVE lies on this distribution: 99% of detached houses houses are smaller than 5 THE DRIVE, and 1% of houses are larger. Note that EPC data is not available for all properties in Countesthorpe.

5 THE DRIVE: Plot and Title Map

5 THE DRIVE sits on a plot of roughly 0.170 of an acre, or 689m². 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 COUNTESTHORPE, in the LE8 postcode district. The below map shows the position of No. 5 on THE DRIVE.