16, OAKMEADOW WAY, GROBY, LEICESTER, LE6 0YN - £428,500

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

16 OAKMEADOW WAY is a very large detached house of 179m², built sometime between 1983 and 1990. It was last sold for £428,500 in April 2023, which was around 12% above the average April 2023 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

16 OAKMEADOW WAY Sold Prices

Land registry data shows five sales for 16 OAKMEADOW WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Most of the five 16 OAKMEADOW WAY 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
2023 6 APR	£428,500	£383,146	12% above HPI
2014 11 JUL	£223,000	£234,303	5% below HPI
2012 10 AUG	£213,000	£217,038	2% below HPI
2007 14 MAY	£221,500	£230,320	4% below HPI
1999 17 DEC	£96,000	£102,165	6% below HPI

16 OAKMEADOW WAY 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 five 16 OAKMEADOW WAY sales between December 1999 and April 2023 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 July 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2023 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 16 OAKMEADOW WAY?

16 OAKMEADOW WAY is 179m² according to the EPC inspection conducted in March 2015. This puts it in the largest 10% of detached houses in Groby, based on EPC data. The below chart shows the distribution of detached houses by size in Groby, and where 16 OAKMEADOW WAY lies on this distribution: 95% of detached houses are smaller than 16 OAKMEADOW WAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Groby.

16 OAKMEADOW WAY: Plot and Title Map

16 OAKMEADOW WAY sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 16 OAKMEADOW WAY, 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 16 OAKMEADOW WAY). 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 16 OAKMEADOW WAY?

16 OAKMEADOW WAY is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 16 on OAKMEADOW WAY.