8, GILBERTS DRIVE, NEWBOLD VERDON, LEICESTER, LE9 9LH - £242,000

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.

8 GILBERTS DRIVE is a small extended semi-detached house of 99m², built sometime between 1950 and 1966, which could now be worth an estimated £292,114. It was last sold for £242,000 in February 2021, which was around 17% above the average February 2021 semi-detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

8 GILBERTS DRIVE Sold Prices

Land registry data shows two sales for 8 GILBERTS 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 Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 8 GILBERTS 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
2021 8 FEB	£242,000	£206,539	17% above HPI
2011 28 JAN	£140,500	£127,707	10% above HPI

8 GILBERTS DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The two 8 GILBERTS DRIVE sales from January 2011 and February 2021 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 January 2011 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the February 2021 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 8 GILBERTS DRIVE be worth now?

8 GILBERTS DRIVE might now be worth an estimated £292,114.

This is based on house price inflation of 20.7%, between February 2021 and February 2025, for semi-detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.7% inflationary increase is applied to the most recent sale price for 8 GILBERTS DRIVE of £242,000 on 8th February 2021. For the value to have increased from £242,000 to £292,114 over the four years to February 2025, the following assumptions must hold true:

• The value of 8 GILBERTS DRIVE has moved in line with the HPI for semi-detached houses in the Hinckley and Bosworth local authority area.
• The February 2021 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GILBERTS DRIVE has not materially changed since February 2021.

How Large is 8 GILBERTS DRIVE?

8 GILBERTS DRIVE is 99m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the smallest 40% of semi-detached houses houses in Newbold Verdon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newbold Verdon, and where 8 GILBERTS DRIVE lies on this distribution: 33% of semi-detached houses houses are smaller than 8 GILBERTS DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Newbold Verdon.

8 GILBERTS DRIVE: Plot and Title Map

8 GILBERTS DRIVE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 8 GILBERTS 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 8 GILBERTS 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 8 GILBERTS DRIVE?

8 GILBERTS DRIVE is located in NEWBOLD VERDON, in the LE9 postcode district. The below map shows the position of No. 8 on GILBERTS DRIVE.