1, GROVE ROAD, WHETSTONE, LEICESTER, LE8 6LN - £285,000

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 GROVE ROAD is a very large detached house of 166m², built sometime between 1996 and 2002. It was last sold for £285,000 in January 2016, which was around 7% above the average January 2016 detached price in the Blaby local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

1 GROVE ROAD Sold Prices

Land registry data shows four sales for 1 GROVE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. Most of the four 1 GROVE ROAD 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
2016 15 JAN	£285,000	£267,179	7% above HPI
2009 1 JUL	£248,000	£205,682	21% above HPI
2000 25 MAY	£137,000	£103,426	32% above HPI
1997 16 APR	£40,000	£79,004	49% below HPI

1 GROVE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The four 1 GROVE ROAD sales between April 1997 and January 2016 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 July 2009 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the January 2016 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 1 GROVE ROAD?

1 GROVE ROAD is 166m² according to the EPC inspection conducted in October 2008. This puts it in the largest 20% of detached houses in Whetstone, based on EPC data. The below chart shows the distribution of detached houses by size in Whetstone, and where 1 GROVE ROAD lies on this distribution: 89% of detached houses are smaller than 1 GROVE ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Whetstone.

1 GROVE ROAD: Plot and Title Map

1 GROVE ROAD sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 1 GROVE ROAD, 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 GROVE ROAD). 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 GROVE ROAD?

1 GROVE ROAD is located in WHETSTONE, in the LE8 postcode district. The below map shows the position of No. 1 on GROVE ROAD.