15, SPINNEY CLOSE, GROBY, LEICESTER, LE6 0BY - £370,000

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.

15 SPINNEY CLOSE is a large extended detached house of 127m², built sometime between 1991 and 1995, which could now be worth an estimated £598,950. It was last sold for £370,000 in August 2015, which was around 56% above the average August 2015 detached price in the Hinckley and Bosworth 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.

15 SPINNEY CLOSE Sold Prices

Land registry data shows three sales for 15 SPINNEY CLOSE 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 15 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
2015 3 AUG	£370,000	£236,903	56% above HPI
2005 2 SEP	£275,000	£206,952	33% above HPI
1996 20 DEC	£138,000	£76,249	81% above HPI

15 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 three 15 SPINNEY CLOSE sales between December 1996 and August 2015 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 September 2005 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the August 2015 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 15 SPINNEY CLOSE be worth now?

15 SPINNEY CLOSE might now be worth an estimated £598,950.

This is based on house price inflation of 61.9%, between August 2015 and March 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 61.9% inflationary increase is applied to the most recent sale price for 15 SPINNEY CLOSE of £370,000 on 3rd August 2015. For the value to have increased from £370,000 to £598,950 over the ten years and five months to March 2025, the following assumptions must hold true:

• The value of 15 SPINNEY CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The August 2015 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SPINNEY CLOSE has not materially changed since August 2015.

How Large is 15 SPINNEY CLOSE?

15 SPINNEY CLOSE is 127m², which includes one extension, according to the EPC inspection conducted in September 2015. 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 15 SPINNEY CLOSE lies on this distribution: 71% of detached houses houses are smaller than 15 SPINNEY CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Groby.

15 SPINNEY CLOSE: Plot and Title Map

15 SPINNEY CLOSE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 15 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 15 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 15 SPINNEY CLOSE?

15 SPINNEY CLOSE is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 15 on SPINNEY CLOSE.