16, GILLBANK DRIVE, RATBY, LEICESTER, LE6 0NH - £360,000

16 GILLBANK DRIVE is a midsized detached house of 104m², built sometime between 1967 and 1975. It was last sold for £360,000 in January 2021, which was around 7% above the average January 2021 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

16 GILLBANK DRIVE Sold Prices

Land registry data shows two sales for 16 GILLBANK 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. One of the two 16 GILLBANK DRIVE sales was for above the average price, whilst the other was roughly equal to 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
2021 20 JAN	£360,000	£336,918	7% above HPI
2019 20 NOV	£320,000	£320,213	Close to HPI

16 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 two 16 GILLBANK DRIVE sales from November 2019 and January 2021 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 November 2019 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 16 GILLBANK DRIVE?

16 GILLBANK DRIVE is 104m² according to the EPC inspection conducted in August 2019. This puts it in the largest 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 16 GILLBANK DRIVE lies on this distribution: 56% of detached houses are smaller than 16 GILLBANK DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Ratby.

16 GILLBANK DRIVE: Plot and Title Map

16 GILLBANK DRIVE sits on a plot of roughly 0.228 of an acre, or 921m². The below map shows the location of 16 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 16 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 16 GILLBANK DRIVE?

16 GILLBANK DRIVE is located in RATBY, in the LE6 postcode district. The below map shows the position of No. 16 on GILLBANK DRIVE.