12, WOODLANDS DRIVE, GROBY, LEICESTER, LE6 0BQ - £265,000

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

12 WOODLANDS DRIVE is a very small extended detached house of 71m², built sometime between 1950 and 1966. It was last sold for £265,000 in October 2018, which was around 16% below the average October 2018 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

12 WOODLANDS DRIVE Sold Prices

Land registry data shows two sales for 12 WOODLANDS 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 12 WOODLANDS 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
2018 5 OCT	£265,000	£314,068	16% below HPI
2017 7 SEP	£175,000	£294,916	41% below HPI

12 WOODLANDS 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 12 WOODLANDS DRIVE sales from September 2017 and October 2018 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 September 2017 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2018 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 12 WOODLANDS DRIVE?

12 WOODLANDS DRIVE is 71m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% of detached houses in Groby, based on EPC data. The below chart shows the distribution of detached houses by size in Groby, and where 12 WOODLANDS DRIVE lies on this distribution: 13% of detached houses are smaller than 12 WOODLANDS DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Groby.

12 WOODLANDS DRIVE: Plot and Title Map

12 WOODLANDS DRIVE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 12 WOODLANDS 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 12 WOODLANDS 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 12 WOODLANDS DRIVE?

12 WOODLANDS DRIVE is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 12 on WOODLANDS DRIVE.