21, GREYS DRIVE, GROBY, LEICESTER, LE6 0YW - £308,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

21 GREYS DRIVE is a midsized detached house of 116m², built sometime between 1991 and 1995, which could now be worth an estimated £470,187. It was last sold for £308,000 in October 2016, which was around 23% above the average October 2016 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

21 GREYS DRIVE Sold Prices

Land registry data shows three sales for 21 GREYS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the three 21 GREYS 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
2016 28 OCT	£308,000	£249,608	23% above HPI
2007 30 NOV	£249,950	£231,090	8% above HPI
2000 12 APR	£100,000	£94,298	6% above HPI

21 GREYS 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 three 21 GREYS DRIVE sales between April 2000 and October 2016 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 November 2007 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2016 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 21 GREYS DRIVE be worth now?

21 GREYS DRIVE might now be worth an estimated £470,187.

This is based on house price inflation of 52.7%, between October 2016 and February 2025, for detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 52.7% inflationary increase is applied to the most recent sale price for 21 GREYS DRIVE of £308,000 on 28th October 2016. For the value to have increased from £308,000 to £470,187 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 21 GREYS DRIVE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The October 2016 sale price of £308,000 represented a fair market value for the property.
• The size, condition, and specification of 21 GREYS DRIVE has not materially changed since October 2016.

How Large is 21 GREYS DRIVE?

21 GREYS DRIVE is 116m² according to the EPC inspection conducted in February 2013. This puts it in the largest 50% of detached houses houses in Groby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Groby, and where 21 GREYS DRIVE lies on this distribution: 59% of detached houses houses are smaller than 21 GREYS DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Groby.

21 GREYS DRIVE: Plot and Title Map

21 GREYS DRIVE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 21 GREYS 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 21 GREYS 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 21 GREYS DRIVE?

21 GREYS DRIVE is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 21 on GREYS DRIVE.