9, NICHOLAS DRIVE, RATBY, LEICESTER, LE6 0NJ - £155,000

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

9 NICHOLAS DRIVE is a midsized extended semi-detached house of 108m², built sometime between 1967 and 1975. It was last sold for £155,000 in June 2014, which was around 33% below the average June 2014 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

9 NICHOLAS DRIVE Sold Prices

Land registry data shows three sales for 9 NICHOLAS 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 9 NICHOLAS 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
2014 12 JUN	£155,000	£231,933	33% below HPI
2007 11 MAY	£166,000	£230,320	28% below HPI
2002 10 MAY	£107,500	£137,738	22% below HPI

9 NICHOLAS 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 9 NICHOLAS DRIVE sales between May 2002 and June 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 May 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2014 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 9 NICHOLAS DRIVE?

9 NICHOLAS DRIVE is 108m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 40% of detached houses in Ratby, based on EPC data. The below chart shows the distribution of detached houses by size in Ratby, and where 9 NICHOLAS DRIVE lies on this distribution: 60% of detached houses are smaller than 9 NICHOLAS DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Ratby.

9 NICHOLAS DRIVE: Plot and Title Map

9 NICHOLAS DRIVE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 9 NICHOLAS 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 9 NICHOLAS 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 9 NICHOLAS DRIVE?

9 NICHOLAS DRIVE is located in RATBY, in the LE6 postcode district. The below map shows the position of No. 9 on NICHOLAS DRIVE.