7, COLBY DRIVE, THURMASTON, LEICESTER, LE4 8LD - £175,000

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.

7 COLBY DRIVE is a small semi-detached house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £281,084. It was last sold for £175,000 in December 2014, which was around 7% above the average December 2014 semi-detached price in the Charnwood local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was E.

7 COLBY DRIVE Sold Prices

Land registry data shows two sales for 7 COLBY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Charnwood local authority area for the corresponding sale date. One of the two 7 COLBY DRIVE sales was for above the average price, whilst the other was roughly equal to 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 22 DEC	£175,000	£163,382	7% above HPI
2006 29 SEP	£155,000	£154,799	Close to HPI

7 COLBY DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 7 COLBY DRIVE sales from September 2006 and December 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 September 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2014 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 7 COLBY DRIVE be worth now?

7 COLBY DRIVE might now be worth an estimated £281,084.

This is based on house price inflation of 60.6%, between December 2014 and February 2025, for semi-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 60.6% inflationary increase is applied to the most recent sale price for 7 COLBY DRIVE of £175,000 on 22nd December 2014. For the value to have increased from £175,000 to £281,084 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 7 COLBY DRIVE has moved in line with the HPI for semi-detached houses in the Charnwood local authority area.
• The December 2014 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 7 COLBY DRIVE has not materially changed since December 2014.

How Large is 7 COLBY DRIVE?

7 COLBY DRIVE is 80m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 40% of semi-detached houses houses in Thurmaston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Thurmaston, and where 7 COLBY DRIVE lies on this distribution: 38% of semi-detached houses houses are smaller than 7 COLBY DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Thurmaston.

7 COLBY DRIVE: Plot and Title Map

7 COLBY DRIVE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 7 COLBY 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 7 COLBY 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 7 COLBY DRIVE?

7 COLBY DRIVE is located in THURMASTON, in the LE4 postcode district. The below map shows the position of No. 7 on COLBY DRIVE.