18, CRANE LEY ROAD, GROBY, LEICESTER, LE6 0FD - £428,000

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

18 CRANE LEY ROAD is a large extended detached house of 138m², built sometime between 1976 and 1982. It was last sold for £428,000 in November 2023, which was around 6% above the average November 2023 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

18 CRANE LEY ROAD Sold Prices

Land registry data shows two sales for 18 CRANE LEY ROAD 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 18 CRANE LEY 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
2023 29 NOV	£428,000	£402,664	6% above HPI
2016 7 SEP	£280,950	£259,746	8% above HPI

18 CRANE LEY 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 two 18 CRANE LEY ROAD sales from September 2016 and November 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 September 2016 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2023 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 18 CRANE LEY ROAD?

18 CRANE LEY ROAD is 138m², which includes one extension, according to the EPC inspection conducted in April 2016. 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 18 CRANE LEY ROAD lies on this distribution: 80% of detached houses are smaller than 18 CRANE LEY ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Groby.

18 CRANE LEY ROAD: Plot and Title Map

18 CRANE LEY ROAD sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 18 CRANE LEY 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 18 CRANE LEY 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 18 CRANE LEY ROAD?

18 CRANE LEY ROAD is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 18 on CRANE LEY ROAD.