11, GRACE ROAD, DESFORD, LEICESTER, LE9 9FZ - £187,000

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.

11 GRACE ROAD is a very small extended detached house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £319,738. It was last sold for £187,000 in February 2007, which was around 16% below the average February 2007 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

11 GRACE ROAD Sold Prices

Land registry data shows two sales for 11 GRACE 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 11 GRACE ROAD 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
2007 23 FEB	£187,000	£222,857	16% below HPI
2005 18 APR	£160,000	£203,501	21% below HPI

11 GRACE 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 11 GRACE ROAD sales from April 2005 and February 2007 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 2005 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2007 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 11 GRACE ROAD be worth now?

11 GRACE ROAD might now be worth an estimated £319,738.

This is based on house price inflation of 71%, between February 2007 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 71% inflationary increase is applied to the most recent sale price for 11 GRACE ROAD of £187,000 on 23rd February 2007. For the value to have increased from £187,000 to £319,738 over the eighteen years to February 2025, the following assumptions must hold true:

• The value of 11 GRACE ROAD has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The February 2007 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 11 GRACE ROAD has not materially changed since February 2007.

How Large is 11 GRACE ROAD?

11 GRACE ROAD is 81m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of detached houses houses in Desford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Desford, and where 11 GRACE ROAD lies on this distribution: 5% of detached houses houses are smaller than 11 GRACE ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Desford.

11 GRACE ROAD: Plot and Title Map

11 GRACE ROAD sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 11 GRACE 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 11 GRACE 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 11 GRACE ROAD?

11 GRACE ROAD is located in DESFORD, in the LE9 postcode district. The below map shows the position of No. 11 on GRACE ROAD.