38, STAMFORD DRIVE, GROBY, LEICESTER, LE6 0YD - £330,000

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.

38 STAMFORD DRIVE is a very large extended detached house of 168m², built sometime between 1976 and 1982, which could now be worth an estimated £549,632. It was last sold for £330,000 in June 2015, which was around 43% above the average June 2015 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was C.

38 STAMFORD DRIVE Sold Prices

Land registry data shows three sales for 38 STAMFORD 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 38 STAMFORD 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
2015 19 JUN	£330,000	£230,251	43% above HPI
2011 9 DEC	£330,000	£203,600	62% above HPI
2003 10 MAR	£246,000	£161,627	52% above HPI

38 STAMFORD 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 38 STAMFORD DRIVE sales between March 2003 and June 2015 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 December 2011 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the June 2015 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 38 STAMFORD DRIVE be worth now?

38 STAMFORD DRIVE might now be worth an estimated £549,632.

This is based on house price inflation of 66.6%, between June 2015 and March 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 66.6% inflationary increase is applied to the most recent sale price for 38 STAMFORD DRIVE of £330,000 on 19th June 2015. For the value to have increased from £330,000 to £549,632 over the ten years and three months to March 2025, the following assumptions must hold true:

• The value of 38 STAMFORD DRIVE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The June 2015 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 38 STAMFORD DRIVE has not materially changed since June 2015.

How Large is 38 STAMFORD DRIVE?

38 STAMFORD DRIVE is 168m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the largest 10% 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 38 STAMFORD DRIVE lies on this distribution: 93% of detached houses houses are smaller than 38 STAMFORD DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Groby.

38 STAMFORD DRIVE: Plot and Title Map

38 STAMFORD DRIVE sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 38 STAMFORD 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 38 STAMFORD 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 38 STAMFORD DRIVE?

38 STAMFORD DRIVE is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 38 on STAMFORD DRIVE.