11, OAKTREE CLOSE, GROBY, LEICESTER, LE6 0GY - £465,000

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 OAKTREE CLOSE is a very large extended detached house of 177m², built sometime between 1967 and 1975, which could now be worth an estimated £582,195. It was last sold for £465,000 in November 2019, which was around 53% above the average November 2019 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was C.

11 OAKTREE CLOSE Sold Prices

Land registry data shows two sales for 11 OAKTREE CLOSE 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 OAKTREE CLOSE 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
2019 28 NOV	£465,000	£304,343	53% above HPI
1997 25 APR	£97,000	£75,831	28% above HPI

11 OAKTREE CLOSE 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 OAKTREE CLOSE sales from April 1997 and November 2019 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 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the November 2019 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 11 OAKTREE CLOSE be worth now?

11 OAKTREE CLOSE might now be worth an estimated £582,195.

This is based on house price inflation of 25.2%, between November 2019 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 25.2% inflationary increase is applied to the most recent sale price for 11 OAKTREE CLOSE of £465,000 on 28th November 2019. For the value to have increased from £465,000 to £582,195 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 11 OAKTREE CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The November 2019 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 11 OAKTREE CLOSE has not materially changed since November 2019.

How Large is 11 OAKTREE CLOSE?

11 OAKTREE CLOSE is 177m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 10% 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 11 OAKTREE CLOSE lies on this distribution: 95% of detached houses houses are smaller than 11 OAKTREE CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Groby.

11 OAKTREE CLOSE: Plot and Title Map

11 OAKTREE CLOSE sits on a plot of roughly 0.171 of an acre, or 690m². The below map shows the location of 11 OAKTREE CLOSE, 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 OAKTREE CLOSE). 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 OAKTREE CLOSE?

11 OAKTREE CLOSE is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 11 on OAKTREE CLOSE.