7A, STOKES DRIVE, LEICESTER, LE3 9BR - £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

7A STOKES DRIVE is a very small detached house of 80m², built sometime between 1983 and 1990. It was last sold for £260,000 in October 2023, which was around 34% below the average October 2023 detached price in the Leicester local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

7A STOKES DRIVE Sold Prices

Land registry data shows two sales for 7A STOKES DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. Both of the two 7A STOKES 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
2023 16 OCT	£260,000	£396,549	34% below HPI
2011 4 MAR	£135,000	£204,783	34% below HPI

7A STOKES DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The two 7A STOKES DRIVE sales from March 2011 and October 2023 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 March 2011 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2023 sale, which was also at 34% below the HPI.

How Large is 7A STOKES DRIVE?

7A STOKES DRIVE is 80m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 7A STOKES DRIVE lies on this distribution: 14% of detached houses are smaller than 7A STOKES DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Leicester.

7A STOKES DRIVE: Plot and Title Map

7A STOKES DRIVE sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 7A STOKES 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 7A STOKES 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 7A STOKES DRIVE?

7A STOKES DRIVE is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 7A on STOKES DRIVE.