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
15 GRAYSWOOD DRIVE is a small extended detached house of 88m², built sometime between 1991 and 1995. It was last sold for £212,000 in October 2018, which was around 30% below the average October 2018 detached price in the Leicester local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 15 GRAYSWOOD DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the three 15 GRAYSWOOD 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 30 OCT | £212,000 | £302,286 | 30% below HPI |
2002 25 OCT | £117,000 | £143,036 | 18% below HPI |
2001 1 JUN | £74,000 | £100,693 | 27% below HPI |
The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The three 15 GRAYSWOOD DRIVE sales between June 2001 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 October 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
15 GRAYSWOOD DRIVE is 88m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 15 GRAYSWOOD DRIVE lies on this distribution: 22% of detached houses are smaller than 15 GRAYSWOOD DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Leicester.
15 GRAYSWOOD DRIVE sits on a plot of roughly 0.077 of an acre, or 314m². The below map shows the location of 15 GRAYSWOOD 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 15 GRAYSWOOD 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.
15 GRAYSWOOD DRIVE is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 15 on GRAYSWOOD DRIVE.