55, SYCAMORE DRIVE, GROBY, LEICESTER, LE6 0EW - £319,000

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

55 SYCAMORE DRIVE is a very small detached house of 67m², built sometime between 1976 and 1982. It was last sold for £319,000 in October 2023, which was around 21% below the average October 2023 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

55 SYCAMORE DRIVE Sold Prices

Land registry data shows three sales for 55 SYCAMORE 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 55 SYCAMORE 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 24 OCT	£319,000	£402,117	21% below HPI
2006 3 FEB	£181,500	£213,261	15% below HPI
1995 15 SEP	£64,950	£75,387	14% below HPI

55 SYCAMORE 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 55 SYCAMORE DRIVE sales between September 1995 and October 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 February 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 55 SYCAMORE DRIVE?

55 SYCAMORE DRIVE is 67m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 10% of detached houses in Groby, based on EPC data. The below chart shows the distribution of detached houses by size in Groby, and where 55 SYCAMORE DRIVE lies on this distribution: 8% of detached houses are smaller than 55 SYCAMORE DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Groby.

55 SYCAMORE DRIVE: Plot and Title Map

55 SYCAMORE DRIVE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 55 SYCAMORE 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 55 SYCAMORE 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 55 SYCAMORE DRIVE?

55 SYCAMORE DRIVE is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 55 on SYCAMORE DRIVE.