54, THE DRIVE, BARWELL, LEICESTER, LE9 8LA - £260,000

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

54 THE DRIVE is a large extended detached house of 124m², built sometime between 1976 and 1982. It was last sold for £260,000 in September 2017, which was around 12% below the average September 2017 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

54 THE DRIVE Sold Prices

Land registry data shows three sales for 54 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 Hinckley and Bosworth local authority area for the corresponding sale date. All of the three 54 THE 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
2017 11 SEP	£260,000	£294,916	12% below HPI
2006 24 NOV	£205,000	£228,667	10% below HPI
2000 28 NOV	£87,500	£115,732	24% below HPI

54 THE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The three 54 THE DRIVE sales between November 2000 and September 2017 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 November 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2017 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 54 THE DRIVE?

54 THE DRIVE is 124m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the largest 30% of detached houses in Barwell, based on EPC data. The below chart shows the distribution of detached houses by size in Barwell, and where 54 THE DRIVE lies on this distribution: 78% of detached houses are smaller than 54 THE DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Barwell.

54 THE DRIVE: Plot and Title Map

54 THE DRIVE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 54 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 54 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 54 THE DRIVE?

54 THE DRIVE is located in BARWELL, in the LE9 postcode district. The below map shows the position of No. 54 on THE DRIVE.