14, SPINNEY CLOSE, GROBY, LEICESTER, LE6 0BY - £340,000

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

14 SPINNEY CLOSE is a very large extended detached house of 147m², built sometime between 1996 and 2002. It was last sold for £340,000 in November 2013, which was around 53% above the average November 2013 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was June 2023, where the current energy rating was B, and the potential energy rating was B.

14 SPINNEY CLOSE Sold Prices

Land registry data shows two sales for 14 SPINNEY 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 14 SPINNEY 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
2013 29 NOV	£340,000	£221,733	53% above HPI
1996 1 NOV	£145,950	£79,057	85% above HPI

14 SPINNEY 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 14 SPINNEY CLOSE sales from November 1996 and November 2013 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 November 1996 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the November 2013 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 14 SPINNEY CLOSE?

14 SPINNEY CLOSE is 147m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 20% of detached houses in Groby, based on EPC data. The below chart shows the distribution of detached houses by size in Groby, and where 14 SPINNEY CLOSE lies on this distribution: 86% of detached houses are smaller than 14 SPINNEY CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Groby.

14 SPINNEY CLOSE: Plot and Title Map

14 SPINNEY CLOSE sits on a plot of roughly 0.194 of an acre, or 784m². The below map shows the location of 14 SPINNEY 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 14 SPINNEY 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 14 SPINNEY CLOSE?

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