1, FERRERS RISE, GROBY, LEICESTER, LE6 0GS - £258,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 FERRERS RISE is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £258,000 in August 2022, which was around 37% below the average August 2022 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

1 FERRERS RISE Sold Prices

Land registry data shows two sales for 1 FERRERS RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 1 FERRERS RISE 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
2022 22 AUG	£258,000	£409,046	37% below HPI
2011 14 DEC	£148,000	£214,216	31% below HPI

1 FERRERS RISE 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 two 1 FERRERS RISE sales from December 2011 and August 2022 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 December 2011 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2022 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 1 FERRERS RISE?

1 FERRERS RISE is 71m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses in Groby, based on EPC data. The below chart shows the distribution of detached houses by size in Groby, and where 1 FERRERS RISE lies on this distribution: 13% of detached houses are smaller than 1 FERRERS RISE, and 86% of houses are larger. Note that EPC data is not available for all properties in Groby.

1 FERRERS RISE: Plot and Title Map

1 FERRERS RISE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 1 FERRERS RISE, 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 1 FERRERS RISE). 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 1 FERRERS RISE?

1 FERRERS RISE is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 1 on FERRERS RISE.