115, GROVE ROAD, BLABY, LEICESTER, LE8 4DH - £227,000

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

115 GROVE ROAD is a very small extended detached house of 27m², built sometime between 1930 and 1949. It was last sold for £227,000 in August 2016, which was around 16% below the average August 2016 detached price in the Blaby local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.

115 GROVE ROAD Sold Prices

Land registry data shows three sales for 115 GROVE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the three 115 GROVE 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
2016 12 AUG	£227,000	£270,455	16% below HPI
2009 6 APR	£200,000	£202,808	1% below HPI
2002 29 APR	£88,000	£134,535	35% below HPI

115 GROVE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The three 115 GROVE ROAD sales between April 2002 and August 2016 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 2009 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2016 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 115 GROVE ROAD?

115 GROVE ROAD is 27m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses in Blaby, based on EPC data. The below chart shows the distribution of detached houses by size in Blaby, and where 115 GROVE ROAD lies on this distribution: Less than 1% of detached houses are smaller than 115 GROVE ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Blaby.

115 GROVE ROAD: Plot and Title Map

115 GROVE ROAD sits on a plot of roughly 0.206 of an acre, or 835m². The below map shows the location of 115 GROVE 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 115 GROVE 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 115 GROVE ROAD?

115 GROVE ROAD is located in BLABY, in the LE8 postcode district. The below map shows the position of No. 115 on GROVE ROAD.