1, MALLARD AVENUE, GROBY, LEICESTER, LE6 0GR - £405,000

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 MALLARD AVENUE is a very large extended detached house of 149m², built sometime between 1983 and 1990. It was last sold for £405,000 in August 2024, which was about the average August 2024 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was C.

1 MALLARD AVENUE Sold Prices

Land registry data shows two sales for 1 MALLARD AVENUE 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. One of the two 1 MALLARD AVENUE sales was roughly equal to the average price, whilst the other was 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
2024 15 AUG	£405,000	£406,872	Close to HPI
1997 4 APR	£88,000	£79,785	10% above HPI

1 MALLARD AVENUE 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 MALLARD AVENUE sales from April 1997 and August 2024 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 April 1997 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2024 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 1 MALLARD AVENUE?

1 MALLARD AVENUE is 149m², which includes two extensions, according to the EPC inspection conducted in August 2023. This puts it in the largest 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 MALLARD AVENUE lies on this distribution: 87% of detached houses are smaller than 1 MALLARD AVENUE, and 12% of houses are larger. Note that EPC data is not available for all properties in Groby.

1 MALLARD AVENUE: Plot and Title Map

1 MALLARD AVENUE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 1 MALLARD AVENUE, 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 MALLARD AVENUE). 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 MALLARD AVENUE?

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