27, TIMBERWOOD DRIVE, GROBY, LEICESTER, LE6 0YU - £218,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

27 TIMBERWOOD DRIVE is a very small extended semi-detached house of 68m², built sometime between 1967 and 1975, which could now be worth an estimated £285,568. It was last sold for £218,000 in June 2019, which was around 15% above the average June 2019 semi-detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

27 TIMBERWOOD DRIVE Sold Prices

Land registry data shows four sales for 27 TIMBERWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Most of the four 27 TIMBERWOOD DRIVE sales were for above 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
2019 20 JUN	£218,000	£190,321	15% above HPI
2005 13 MAY	£159,950	£134,237	19% above HPI
2000 11 AUG	£69,950	£61,236	14% above HPI
1999 26 NOV	£56,000	£58,148	4% below HPI

27 TIMBERWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The four 27 TIMBERWOOD DRIVE sales between November 1999 and June 2019 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 May 2005 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2019 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 27 TIMBERWOOD DRIVE be worth now?

27 TIMBERWOOD DRIVE might now be worth an estimated £285,568.

This is based on house price inflation of 31%, between June 2019 and February 2025, for semi-detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31% inflationary increase is applied to the most recent sale price for 27 TIMBERWOOD DRIVE of £218,000 on 20th June 2019. For the value to have increased from £218,000 to £285,568 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 27 TIMBERWOOD DRIVE has moved in line with the HPI for semi-detached houses in the Hinckley and Bosworth local authority area.
• The June 2019 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 27 TIMBERWOOD DRIVE has not materially changed since June 2019.

How Large is 27 TIMBERWOOD DRIVE?

27 TIMBERWOOD DRIVE is 68m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of semi-detached houses houses in Groby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Groby, and where 27 TIMBERWOOD DRIVE lies on this distribution: 9% of semi-detached houses houses are smaller than 27 TIMBERWOOD DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Groby.

27 TIMBERWOOD DRIVE: Plot and Title Map

27 TIMBERWOOD DRIVE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 27 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 27 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 27 TIMBERWOOD DRIVE?

27 TIMBERWOOD DRIVE is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 27 on TIMBERWOOD DRIVE.