80, PRESTON DRIVE, NEWBOLD VERDON, LEICESTER, LE9 9PL - £120,500

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

80 PRESTON DRIVE is a small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £120,500 in January 2011, which was around 43% below the average January 2011 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

80 PRESTON DRIVE Sold Prices

Land registry data shows two sales for 80 PRESTON 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 Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 80 PRESTON 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
2011 28 JAN	£120,500	£210,390	43% below HPI
2005 15 APR	£110,000	£214,112	49% below HPI

80 PRESTON 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 two 80 PRESTON DRIVE sales from April 2005 and January 2011 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 April 2005 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the January 2011 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 80 PRESTON DRIVE?

80 PRESTON DRIVE is 84m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 30% of detached houses in Newbold Verdon, based on EPC data. The below chart shows the distribution of detached houses by size in Newbold Verdon, and where 80 PRESTON DRIVE lies on this distribution: 22% of detached houses are smaller than 80 PRESTON DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Newbold Verdon.

80 PRESTON DRIVE: Plot and Title Map

80 PRESTON DRIVE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 80 PRESTON 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 80 PRESTON 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 80 PRESTON DRIVE?

80 PRESTON DRIVE is located in NEWBOLD VERDON, in the LE9 postcode district. The below map shows the position of No. 80 on PRESTON DRIVE.