23, TIMBERWOOD DRIVE, GROBY, LEICESTER, LE6 0YU - £198,000

23 TIMBERWOOD DRIVE is a small detached house of 96m², built sometime between 1991 and 1995. It was last sold for £198,000 in June 2006, which was around 14% below the average June 2006 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

23 TIMBERWOOD DRIVE Sold Prices

Land registry data shows three sales for 23 TIMBERWOOD 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 23 TIMBERWOOD 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
2006 2 JUN	£198,000	£228,980	14% below HPI
2001 31 JUL	£105,500	£119,780	12% below HPI
1999 7 OCT	£84,000	£97,003	13% below HPI

23 TIMBERWOOD 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 23 TIMBERWOOD DRIVE sales between October 1999 and June 2006 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 July 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2006 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 23 TIMBERWOOD DRIVE?

23 TIMBERWOOD DRIVE is 96m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 40% of detached houses in Groby, based on EPC data. The below chart shows the distribution of detached houses by size in Groby, and where 23 TIMBERWOOD DRIVE lies on this distribution: 37% of detached houses are smaller than 23 TIMBERWOOD DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Groby.

23 TIMBERWOOD DRIVE: Plot and Title Map

23 TIMBERWOOD DRIVE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 23 TIMBERWOOD 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 23 TIMBERWOOD 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 23 TIMBERWOOD DRIVE?

23 TIMBERWOOD DRIVE is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 23 on TIMBERWOOD DRIVE.