56, SYCAMORE DRIVE, GROBY, LEICESTER, LE6 0EW - £167,000

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

56 SYCAMORE DRIVE is a very small detached house of 68m², built sometime between 1983 and 1990. It was last sold for £167,000 in February 2013, which was around 24% below the average February 2013 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

56 SYCAMORE DRIVE Sold Prices

Land registry data shows two sales for 56 SYCAMORE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 56 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
2013 22 FEB	£167,000	£218,890	24% below HPI
2002 13 DEC	£135,000	£165,070	18% below HPI

56 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 two 56 SYCAMORE DRIVE sales from December 2002 and February 2013 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 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2013 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 56 SYCAMORE DRIVE?

56 SYCAMORE DRIVE is 68m² according to the EPC inspection conducted in September 2012. 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 56 SYCAMORE DRIVE lies on this distribution: 9% of detached houses are smaller than 56 SYCAMORE DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Groby.

56 SYCAMORE DRIVE: Plot and Title Map

56 SYCAMORE DRIVE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 56 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 56 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 56 SYCAMORE DRIVE?

56 SYCAMORE DRIVE is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 56 on SYCAMORE DRIVE.