1, GILLBANK DRIVE, RATBY, LEICESTER, LE6 0NH - £180,000

1 GILLBANK DRIVE is a midsized detached house of 91m², built sometime between 1967 and 1975. It was last sold for £180,000 in September 2013, which was around 18% below the average September 2013 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

1 GILLBANK DRIVE Sold Prices

Land registry data shows three sales for 1 GILLBANK 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 1 GILLBANK 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 20 SEP	£180,000	£220,165	18% below HPI
2012 30 JAN	£178,000	£214,455	17% below HPI
2009 15 JUL	£155,000	£203,283	24% below HPI

1 GILLBANK 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 1 GILLBANK DRIVE sales between July 2009 and September 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 January 2012 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2013 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 1 GILLBANK DRIVE?

1 GILLBANK DRIVE is 91m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 50% of detached houses in Ratby, based on EPC data. The below chart shows the distribution of detached houses by size in Ratby, and where 1 GILLBANK DRIVE lies on this distribution: 43% of detached houses are smaller than 1 GILLBANK DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Ratby.

1 GILLBANK DRIVE: Plot and Title Map

1 GILLBANK DRIVE sits on a plot of roughly 0.076 of an acre, or 310m². The below map shows the location of 1 GILLBANK 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 1 GILLBANK 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 1 GILLBANK DRIVE?

1 GILLBANK DRIVE is located in RATBY, in the LE6 postcode district. The below map shows the position of No. 1 on GILLBANK DRIVE.