16, GRANGEFIELDS DRIVE, ROTHLEY, LEICESTER, LE7 7NB - £395,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 GRANGEFIELDS DRIVE is a midsized extended detached house of 128m², built sometime between 1976 and 1982. It was last sold for £395,000 in December 2018, which was around 18% above the average December 2018 detached price in the Charnwood local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was A.

16 GRANGEFIELDS DRIVE Sold Prices

Land registry data shows two sales for 16 GRANGEFIELDS 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 Charnwood local authority area for the corresponding sale date. Both of the two 16 GRANGEFIELDS DRIVE sales were for above 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 19 DEC	£395,000	£335,202	18% above HPI
2017 31 MAY	£359,950	£298,012	21% above HPI

16 GRANGEFIELDS DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 16 GRANGEFIELDS DRIVE sales from May 2017 and December 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 May 2017 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the December 2018 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 16 GRANGEFIELDS DRIVE?

16 GRANGEFIELDS DRIVE is 128m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the largest 50% of detached houses in Rothley, based on EPC data. The below chart shows the distribution of detached houses by size in Rothley, and where 16 GRANGEFIELDS DRIVE lies on this distribution: 54% of detached houses are smaller than 16 GRANGEFIELDS DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Rothley.

16 GRANGEFIELDS DRIVE: Plot and Title Map

16 GRANGEFIELDS DRIVE sits on a plot of roughly 0.181 of an acre, or 733m². The below map shows the location of 16 GRANGEFIELDS 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 16 GRANGEFIELDS 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 16 GRANGEFIELDS DRIVE?

16 GRANGEFIELDS DRIVE is located in ROTHLEY, in the LE7 postcode district. The below map shows the position of No. 16 on GRANGEFIELDS DRIVE.