The Foxes have lost just once away from home in the league so far and will travel to Molineux off the back of an impressive 2-0 win away to Fulham. Wolves meanwhile also enter the game off the back of a win - an important 2-1 victory at home to Arsenal on Tuesday night.
With both sides needing the points for different reasons - Leicester to close the gap on the top two and Wanderers to steer away from any relegation battle fears - the game is likely to be as entertaining as the previous ones this fixture has thrown up.
The biggest news from the Foxes camp is that top-scorer Jamie Vardy will be available for Sunday.
The talisman has been recovering from a minor hernia operation and whilst he may not be fit enough to start, is expected to at least be on the bench.
Wilfred Ndidi however will face a late fitness test to see if he will be able to play any part. The Nigerian hasn't featured since limping off in the draw against Everton after suffering a torn hamstring.
Raul Jimenez remains out for the hosts with a long-term injury whilst Rayan Aït-Nouri (hip), Marçal (groin), Johnny Otto (knee) and Romain Saïss will all be unavailable to Nuno Espírito Santo.
Wolverhampton Wanderers XI: Patrício; Semedo, Boly, Coady, Kilman; Neves, Moutinho; Traoré, Podence, Neto; Willian José.
Leicester City XI: Schmeichel; Pereira, Evans, Soyuncu, Justin; Mendy, Tielemans; Barnes, Maddison, Albrighton, Iheanacho.
November was the last time the two sides met, where the game on the day was settled by one goal from the penalty spot, courtesy of Jamie Vardy.
After Max Kilman was penalised for handball, Vardy stepped and dispatched from the spot to give Leicester the lead. The 34-year-old had the chance to score again from the spot on the stroke of half-time, but was well denied by goalkeeper Rui Patrício.
Instead, the Foxes were able to hold on to their lead at the King Power Stadium and secure a well-fought three points.
Ones to watch
Pedro Neto - Wolverhampton Wanderers
With each week that goes by, Pedro Neto seems to become more and more exciting for Wolves.
The young Portugal international has a no fear attitude about his play, constantly wanting to take on the full-back and is very direct in his style of play, dribbling the ball close to his feet before twisting and turning away from his defenders.
Neto has four goals this season in the top-flight but is well capable of finding the back of the net when called upon.
Youri Tielemans - Leicester City
More often than not, when Youri Tielemans plays well, Leicester play well.
The Belgian is like a conductor in an orchestra at times, using his intelligence which goes beyond his years of playing to break through the lines of opposition defences.
With a resolute defence not looking as solidified as usual in recent weeks for Wolves, Tielemans' guile could prove to be the key factor in helping Leicester to get over the finish line.
Ahead of Sunday's Midlands clash, Wolves boss Nuno was full of praise for his managerial counterpart.
He said: “They have a talented squad, very good manager and playing very good football consistently through time. “I have true admiration of Brendan, it’ll be a true pleasure to see him.”
Leicester meanwhile are the only club to have been in the top four all season so far but Brendan Rodgers isn't getting carried away at the thought of finishing their come the end of the year.
He said: “We must continue on this path, and we mustn't sit back. A pat on the back, is a few inches away from a slap on the backside.”
How to Watch
Sunday's game will be available to view live on Sky Sports Main Event with coverage beginning at 13:00 and kick-off getting underway at 14:00.