48, GRAYSWOOD DRIVE, LEICESTER, LE4 1EN - £130,000

48 GRAYSWOOD DRIVE is a midsized detached house of 114m², built sometime between 1983 and 1990. It was last sold for £130,000 in June 2009, which was around 30% below the average June 2009 detached price in the Leicester local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

48 GRAYSWOOD DRIVE Sold Prices

Land registry data shows three sales for 48 GRAYSWOOD 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 Leicester local authority area for the corresponding sale date. All of the three 48 GRAYSWOOD 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
2009 2 JUN	£130,000	£185,147	30% below HPI
2009 26 MAR	£159,950	£189,136	15% below HPI
1998 29 JUL	£62,000	£76,349	19% below HPI

48 GRAYSWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The three 48 GRAYSWOOD DRIVE sales between July 1998 and June 2009 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 March 2009 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2009 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 48 GRAYSWOOD DRIVE?

48 GRAYSWOOD DRIVE is 114m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 50% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 48 GRAYSWOOD DRIVE lies on this distribution: 48% of detached houses are smaller than 48 GRAYSWOOD DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Leicester.

48 GRAYSWOOD DRIVE: Plot and Title Map

48 GRAYSWOOD DRIVE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 48 GRAYSWOOD 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 48 GRAYSWOOD 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 48 GRAYSWOOD DRIVE?

48 GRAYSWOOD DRIVE is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 48 on GRAYSWOOD DRIVE.