65, THE DRIVE, BARWELL, LEICESTER, LE9 8LB - £175,000

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

65 THE DRIVE is a very small semi-detached house of 46m², built sometime between 1983 and 1990. It was last sold for £175,000 in April 2016, which was around 32% below the average April 2016 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was D.

65 THE DRIVE Sold Prices

Land registry data shows three sales for 65 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 65 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
2016 22 APR	£175,000	£258,238	32% below HPI
2012 19 OCT	£93,000	£211,379	56% below HPI
2002 21 JUN	£69,950	£139,637	50% below HPI

65 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 65 THE DRIVE sales between June 2002 and April 2016 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 October 2012 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the April 2016 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 65 THE DRIVE?

65 THE DRIVE is 46m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 10% of detached houses in Barwell, based on EPC data. The below chart shows the distribution of detached houses by size in Barwell, and where 65 THE DRIVE lies on this distribution: 1% of detached houses are smaller than 65 THE DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Barwell.

65 THE DRIVE: Plot and Title Map

65 THE DRIVE sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 65 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 65 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 65 THE DRIVE?

65 THE DRIVE is located in BARWELL, in the LE9 postcode district. The below map shows the position of No. 65 on THE DRIVE.