31, GILLBANK DRIVE, RATBY, LEICESTER, LE6 0NH - £200,000

31 GILLBANK DRIVE is a very small detached house of 65m², built sometime between 1976 and 1982. It was last sold for £200,000 in July 2018, which was around 34% below the average July 2018 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

31 GILLBANK DRIVE Sold Prices

Land registry data shows four sales for 31 GILLBANK DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the four 31 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
2018 27 JUL	£200,000	£301,768	34% below HPI
2013 8 NOV	£152,500	£221,733	31% below HPI
2012 6 FEB	£115,000	£212,311	46% below HPI
2001 1 JUN	£73,000	£117,550	38% below HPI

31 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 four 31 GILLBANK DRIVE sales between June 2001 and July 2018 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 2013 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2018 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 31 GILLBANK DRIVE?

31 GILLBANK DRIVE is 65m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of detached houses in Ratby, based on EPC data. The below chart shows the distribution of detached houses by size in Ratby, and where 31 GILLBANK DRIVE lies on this distribution: 19% of detached houses are smaller than 31 GILLBANK DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Ratby.

31 GILLBANK DRIVE: Plot and Title Map

31 GILLBANK DRIVE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 31 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 31 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 31 GILLBANK DRIVE?

31 GILLBANK DRIVE is located in RATBY, in the LE6 postcode district. The below map shows the position of No. 31 on GILLBANK DRIVE.