18, PYMM LEY LANE, GROBY, LEICESTER, LE6 0GZ - £250,000

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.

18 PYMM LEY LANE is a very large extended detached house of 144m², built sometime between 1967 and 1975, which could now be worth an estimated £448,130. It was last sold for £250,000 in February 2014, which was around 17% above the average February 2014 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

18 PYMM LEY LANE Sold Prices

Land registry data shows two sales for 18 PYMM LEY LANE 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 PYMM LEY LANE 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
2014 28 FEB	£250,000	£213,942	17% above HPI
1996 29 NOV	£95,000	£75,139	26% above HPI

18 PYMM LEY LANE 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 PYMM LEY LANE sales from November 1996 and February 2014 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 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the February 2014 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 18 PYMM LEY LANE be worth now?

18 PYMM LEY LANE might now be worth an estimated £448,130.

This is based on house price inflation of 79.3%, between February 2014 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 79.3% inflationary increase is applied to the most recent sale price for 18 PYMM LEY LANE of £250,000 on 28th February 2014. For the value to have increased from £250,000 to £448,130 over the ten years and eleven months to March 2025, the following assumptions must hold true:

• The value of 18 PYMM LEY LANE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The February 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PYMM LEY LANE has not materially changed since February 2014.

How Large is 18 PYMM LEY LANE?

18 PYMM LEY LANE is 144m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 20% 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 18 PYMM LEY LANE lies on this distribution: 83% of detached houses houses are smaller than 18 PYMM LEY LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Groby.

18 PYMM LEY LANE: Plot and Title Map

18 PYMM LEY LANE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 18 PYMM LEY LANE, 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 PYMM LEY LANE). 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 PYMM LEY LANE?

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