53, SOMERSET DRIVE, GLENFIELD, LEICESTER, LE3 8QW - £230,000

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.

53 SOMERSET DRIVE is a large detached house of 131m², built sometime between 1991 and 1995, which could now be worth an estimated £411,395. It was last sold for £230,000 in November 2011, which was around 5% above the average November 2011 detached price in the Blaby local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

53 SOMERSET DRIVE Sold Prices

Land registry data shows four sales for 53 SOMERSET DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the four 53 SOMERSET 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
2011 11 NOV	£230,000	£218,180	5% above HPI
2006 16 JUN	£227,000	£219,026	4% above HPI
2000 12 MAY	£118,000	£101,362	16% above HPI
1999 17 DEC	£125,000	£98,530	27% above HPI

53 SOMERSET 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 four 53 SOMERSET DRIVE sales between December 1999 and November 2011 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 June 2006 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2011 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 53 SOMERSET DRIVE be worth now?

53 SOMERSET DRIVE might now be worth an estimated £411,395.

This is based on house price inflation of 78.9%, between November 2011 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 78.9% inflationary increase is applied to the most recent sale price for 53 SOMERSET DRIVE of £230,000 on 11th November 2011. For the value to have increased from £230,000 to £411,395 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 53 SOMERSET DRIVE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The November 2011 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 53 SOMERSET DRIVE has not materially changed since November 2011.

How Large is 53 SOMERSET DRIVE?

53 SOMERSET DRIVE is 131m² according to the EPC inspection conducted in February 2011. This puts it in the largest 40% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 53 SOMERSET DRIVE lies on this distribution: 65% of detached houses houses are smaller than 53 SOMERSET DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Leicester.

53 SOMERSET DRIVE: Plot and Title Map

53 SOMERSET DRIVE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 53 SOMERSET 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 53 SOMERSET 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 53 SOMERSET DRIVE?

53 SOMERSET DRIVE is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 53 on SOMERSET DRIVE.