38, WOODLANDS DRIVE, GROBY, LEICESTER, LE6 0BQ - £303,000

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

38 WOODLANDS DRIVE is a small extended detached house of 87m², built sometime between 1967 and 1975. It was last sold for £303,000 in May 2023, which was around 21% below the average May 2023 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.

38 WOODLANDS DRIVE Sold Prices

Land registry data shows three sales for 38 WOODLANDS 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 WOODLANDS 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
2023 26 MAY	£303,000	£383,030	21% below HPI
2009 12 JUN	£175,000	£199,481	12% below HPI
2001 22 MAY	£103,500	£114,799	10% below HPI

38 WOODLANDS 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 WOODLANDS DRIVE sales between May 2001 and May 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 June 2009 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 38 WOODLANDS DRIVE?

38 WOODLANDS DRIVE is 87m², which includes three extensions, according to the EPC inspection conducted in January 2023. This puts it in the smallest 30% of detached houses in Groby, based on EPC data. The below chart shows the distribution of detached houses by size in Groby, and where 38 WOODLANDS DRIVE lies on this distribution: 28% of detached houses are smaller than 38 WOODLANDS DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Groby.

38 WOODLANDS DRIVE: Plot and Title Map

38 WOODLANDS DRIVE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 38 WOODLANDS 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 WOODLANDS 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 WOODLANDS DRIVE?

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