14, LARCHWOOD AVENUE, GROBY, LEICESTER, LE6 0ER - £310,000

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.

14 LARCHWOOD AVENUE is a very small extended detached house of 76m², built sometime between 1983 and 1990, which could now be worth an estimated £395,725. It was last sold for £310,000 in October 2018, which was around 4% above the average October 2018 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

14 LARCHWOOD AVENUE Sold Prices

Land registry data shows three sales for 14 LARCHWOOD AVENUE 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 14 LARCHWOOD AVENUE 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
2018 18 OCT	£310,000	£298,502	4% above HPI
2013 31 OCT	£230,000	£208,422	10% above HPI
2006 8 SEP	£250,000	£213,830	17% above HPI

14 LARCHWOOD AVENUE 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 14 LARCHWOOD AVENUE sales between September 2006 and October 2018 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 October 2013 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2018 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 14 LARCHWOOD AVENUE be worth now?

14 LARCHWOOD AVENUE might now be worth an estimated £395,725.

This is based on house price inflation of 27.7%, between October 2018 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 27.7% inflationary increase is applied to the most recent sale price for 14 LARCHWOOD AVENUE of £310,000 on 18th October 2018. For the value to have increased from £310,000 to £395,725 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 14 LARCHWOOD AVENUE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The October 2018 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 14 LARCHWOOD AVENUE has not materially changed since October 2018.

How Large is 14 LARCHWOOD AVENUE?

14 LARCHWOOD AVENUE is 76m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% 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 14 LARCHWOOD AVENUE lies on this distribution: 17% of detached houses houses are smaller than 14 LARCHWOOD AVENUE, and 82% of houses are larger. Note that EPC data is not available for all properties in Groby.

14 LARCHWOOD AVENUE: Plot and Title Map

14 LARCHWOOD AVENUE sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 14 LARCHWOOD AVENUE, 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 14 LARCHWOOD AVENUE). 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 14 LARCHWOOD AVENUE?

14 LARCHWOOD AVENUE is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 14 on LARCHWOOD AVENUE.