34, WALLACE DRIVE, GROBY, LEICESTER, LE6 0GQ - £285,000

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.

34 WALLACE DRIVE is a midsized extended semi-detached house of 113m², built sometime between 1930 and 1949, which could now be worth an estimated £400,845. It was last sold for £285,000 in August 2017, which was around 61% above the average August 2017 semi-detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

34 WALLACE DRIVE Sold Prices

Land registry data shows three sales for 34 WALLACE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the three 34 WALLACE 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
2017 25 AUG	£285,000	£177,259	61% above HPI
2011 15 NOV	£222,000	£129,754	71% above HPI
1997 1 AUG	£53,500	£48,475	10% above HPI

34 WALLACE 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 three 34 WALLACE DRIVE sales between August 1997 and August 2017 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 2011 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the August 2017 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might 34 WALLACE DRIVE be worth now?

34 WALLACE DRIVE might now be worth an estimated £400,845.

This is based on house price inflation of 40.6%, between August 2017 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 40.6% inflationary increase is applied to the most recent sale price for 34 WALLACE DRIVE of £285,000 on 25th August 2017. For the value to have increased from £285,000 to £400,845 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 34 WALLACE DRIVE has moved in line with the HPI for semi-detached houses in the Hinckley and Bosworth local authority area.
• The August 2017 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 34 WALLACE DRIVE has not materially changed since August 2017.

How Large is 34 WALLACE DRIVE?

34 WALLACE DRIVE is 113m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the largest 50% 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 34 WALLACE DRIVE lies on this distribution: 55% of semi-detached houses houses are smaller than 34 WALLACE DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Groby.

34 WALLACE DRIVE: Plot and Title Map

34 WALLACE DRIVE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 34 WALLACE 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 34 WALLACE 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 34 WALLACE DRIVE?

34 WALLACE DRIVE is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 34 on WALLACE DRIVE.