1, WOODBANK ROAD, GROBY, LEICESTER, LE6 0BP - £237,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 WOODBANK ROAD is a small detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £447,913. It was last sold for £237,000 in June 2011, which was around 18% above the average June 2011 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

1 WOODBANK ROAD Sold Prices

Land registry data shows two sales for 1 WOODBANK ROAD 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 WOODBANK 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
2011 23 JUN	£237,000	£201,620	18% above HPI
2009 17 DEC	£220,000	£202,915	8% above HPI

1 WOODBANK ROAD 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 WOODBANK ROAD sales from December 2009 and June 2011 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 2009 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2011 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 1 WOODBANK ROAD be worth now?

1 WOODBANK ROAD might now be worth an estimated £447,913.

This is based on house price inflation of 89%, between June 2011 and February 2025, for detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 89% inflationary increase is applied to the most recent sale price for 1 WOODBANK ROAD of £237,000 on 23rd June 2011. For the value to have increased from £237,000 to £447,913 over the fourteen years and four months to February 2025, the following assumptions must hold true:

• The value of 1 WOODBANK ROAD has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The June 2011 sale price of £237,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WOODBANK ROAD has not materially changed since June 2011.

How Large is 1 WOODBANK ROAD?

1 WOODBANK ROAD is 90m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 40% of detached houses houses in Groby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Groby, and where 1 WOODBANK ROAD lies on this distribution: 32% of detached houses houses are smaller than 1 WOODBANK ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Groby.

1 WOODBANK ROAD: Plot and Title Map

1 WOODBANK ROAD sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 1 WOODBANK 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 WOODBANK 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 WOODBANK ROAD?

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