12, LEICESTER ROAD, GROBY, LEICESTER, LE6 0DJ - £245,000

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.

12 LEICESTER ROAD is a large extended detached house of 129m², built sometime before 1900, which could now be worth an estimated £418,573. It was last sold for £245,000 in November 2014, which was around 10% above the average November 2014 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was D.

12 LEICESTER ROAD Sold Prices

Land registry data shows three sales for 12 LEICESTER 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 Hinckley and Bosworth local authority area for the corresponding sale date. All of the three 12 LEICESTER 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
2014 21 NOV	£245,000	£223,035	10% above HPI
2014 8 APR	£262,000	£221,405	18% above HPI
2008 9 SEP	£249,950	£216,424	15% above HPI

12 LEICESTER 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 three 12 LEICESTER ROAD sales between September 2008 and November 2014 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 2014 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the November 2014 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 12 LEICESTER ROAD be worth now?

12 LEICESTER ROAD might now be worth an estimated £418,573.

This is based on house price inflation of 70.8%, between November 2014 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 70.8% inflationary increase is applied to the most recent sale price for 12 LEICESTER ROAD of £245,000 on 21st November 2014. For the value to have increased from £245,000 to £418,573 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 LEICESTER ROAD has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The November 2014 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LEICESTER ROAD has not materially changed since November 2014.

How Large is 12 LEICESTER ROAD?

12 LEICESTER ROAD is 129m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 30% 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 12 LEICESTER ROAD lies on this distribution: 73% of detached houses houses are smaller than 12 LEICESTER ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Groby.

12 LEICESTER ROAD: Plot and Title Map

12 LEICESTER ROAD sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 12 LEICESTER 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 12 LEICESTER 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 12 LEICESTER ROAD?

12 LEICESTER ROAD is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 12 on LEICESTER ROAD.