1, PARKLANDS AVENUE, GROBY, LEICESTER, LE6 0BL - £255,000

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 PARKLANDS AVENUE is a small extended detached house of 86m², built sometime between 1950 and 1966. It was last sold for £255,000 in November 2017, which was around 13% below the average November 2017 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

1 PARKLANDS AVENUE Sold Prices

Land registry data shows two sales for 1 PARKLANDS 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. Both of the two 1 PARKLANDS AVENUE 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
2017 10 NOV	£255,000	£293,746	13% below HPI
2002 4 OCT	£129,050	£159,214	19% below HPI

1 PARKLANDS 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 PARKLANDS AVENUE sales from October 2002 and November 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 October 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2017 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 1 PARKLANDS AVENUE?

1 PARKLANDS AVENUE is 86m², which includes two extensions, according to the EPC inspection conducted in May 2009. This puts it in the smallest 30% 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 PARKLANDS AVENUE lies on this distribution: 27% of detached houses are smaller than 1 PARKLANDS AVENUE, and 73% of houses are larger. Note that EPC data is not available for all properties in Groby.

1 PARKLANDS AVENUE: Plot and Title Map

1 PARKLANDS AVENUE sits on a plot of roughly 0.082 of an acre, or 334m². The below map shows the location of 1 PARKLANDS 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 PARKLANDS 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 PARKLANDS AVENUE?

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