The Foxes have had a fantastic start to the season, winning five of their first seven games with both of those defeats coming at the King Power Stadium, however Brendan Rodgers' team have tasted victory at home in their Europa League campaign.
Wolves on the other hand have also had a strong start to their campaign, and are outside the top four on goal difference only in sixth place.
The West-Midlanders are currently on a four-game unbeaten run having not lost since September and know that three points could take them top of the table - providing results go their way.
Previous clashes between the two have always been close encounters and Sunday presents another opportunity for two highly-regarded teams to go toe-to-toe with each other. Vavel takes a look at how both sides are likely to line up and the potential final outcome of the result.
In recent times, Leicester have become much more dynamic in terms of formation. Last season, the Foxes predominantly operated using a 4-1-4-1 style but under Rodgers this year, there is clear evidence of the Northern Irishman changing the formation to a 3-5-2/3-4-1-2.
Whilst there are signs that the change of formation is working, there is debate as to whether or not this will remain a permanent fixture. With the three-at-the-back seemingly looking a more defensive style, and with the Foxes at home, the onus will be on them to attack.
For all of Leicester's plaudits this season as well, the two defeats at home resulted in Leicester's failure to break down their opponents backline and with goals flowing of late - 14 in their last five in all competitions - the new look to the Leicester attack could well work in their favour.
The introduction of Wesley Fofana to the Foxes defence has already seen Leicester become a force at the back, whilst lethal number nine Jamie Vardy continues to prove time and time again as each week goes by why he's one of the best strikers around at the moment and both of those players could be instrumental to lead Leicester to victory.
For Nuno Espirito Santo's team it is highly likely that they will line up in their traditional 3-4-3 formation.
A tried and tested look for the Wolves boss, he will expect his team to soak up the pressure and counter whilst maintaining a strong defensive line, where they currently hold the best record in the top-flight this year, conceding just eight goals.
At the heart of that defence is Connor Coady, who has emerged as a leader for both club and country this season after earning his maiden England call-up, even scoring against Wales in the previous international break.
On either side as wing-backs, Ryan Ait-Nouri was impressive on his debut last week against Crystal Palace whereas club record-signing Nelson Semedo has settled into life at Molineux with ease after a big-money move from Barcelona.
The front trio of Daniel Podence, Raul Jimenez and Pedro Neto has potential to be devastating on any day and could be the biggest test Leicester have faced defensively in the East Midlands so far.
Despite their array of attacking talent, goals have been hard to come by for Wolves. As the joint-fifth lowest scorers in the division - with Jimenez scoring 50% of their goals - Nuno's side will hope they can take their chances when presented with them.
With a strong attack force at Leicester's disposal and a tough Wolves defensive unit, this game will be all about which side steps up to the plate.
First goals are always important in games, but it really does feel like whoever takes the lead will walk away with three points. Leicester's home form in the league may not look so positive right now, but their two Europa League performances at the King Power Stadium, in particular their 4-0 demolition of Braga on Thursday, will give them even more confidence heading into the game.
Wolves meanwhile know that while their chances could be few and far between, they have a an expert finisher within their ranks up top who is capable of winning any game on his own.
However, it feels like Brendan Rodgers' side have stepped up well when facing a direct rival so far this season, and by a slim margin on Sunday afternoon, will continue to do so.
Prediction: Leicester 2-1 Wolves