3, GRANGE DRIVE, BURBAGE, HINCKLEY, LE10 2JR - £380,000

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

3 GRANGE DRIVE is a very large detached house of 161m², built sometime between 1976 and 1982. It was last sold for £380,000 in April 2023, which was around 1% below the average April 2023 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.

3 GRANGE DRIVE Sold Prices

Land registry data shows four sales for 3 GRANGE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Most of the four 3 GRANGE 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
2023 21 APR	£380,000	£383,146	1% below HPI
2015 14 AUG	£328,000	£249,256	32% above HPI
2006 29 NOV	£325,000	£228,667	42% above HPI
1999 14 OCT	£125,000	£97,003	29% above HPI

3 GRANGE 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 four 3 GRANGE DRIVE sales between October 1999 and April 2023 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 August 2015 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the April 2023 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 3 GRANGE DRIVE?

3 GRANGE DRIVE is 161m² according to the EPC inspection conducted in January 2015. This puts it in the largest 20% of detached houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where 3 GRANGE DRIVE lies on this distribution: 85% of detached houses are smaller than 3 GRANGE DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

3 GRANGE DRIVE: Plot and Title Map

3 GRANGE DRIVE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 3 GRANGE 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 3 GRANGE 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 3 GRANGE DRIVE?

3 GRANGE DRIVE is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 3 on GRANGE DRIVE.