18, OAKMEADOW WAY, GROBY, LEICESTER, LE6 0YN - £280,000

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 OAKMEADOW WAY is a small extended detached house of 89m², built sometime between 1983 and 1990. It was last sold for £280,000 in February 2021, which was around 17% below the average February 2021 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

18 OAKMEADOW WAY Sold Prices

Land registry data shows four sales for 18 OAKMEADOW WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the four 18 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
2021 26 FEB	£280,000	£337,381	17% below HPI
2014 21 NOV	£210,000	£234,665	11% below HPI
2008 7 MAR	£175,000	£232,767	25% below HPI
2003 10 NOV	£142,500	£185,892	23% below HPI

18 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 four 18 OAKMEADOW WAY sales between November 2003 and February 2021 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 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 18 OAKMEADOW WAY?

18 OAKMEADOW WAY is 89m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% 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 OAKMEADOW WAY lies on this distribution: 29% of detached houses are smaller than 18 OAKMEADOW WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Groby.

18 OAKMEADOW WAY: Plot and Title Map

18 OAKMEADOW WAY sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 18 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 18 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 18 OAKMEADOW WAY?

18 OAKMEADOW WAY is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 18 on OAKMEADOW WAY.