2, OAKMEADOW WAY, GROBY, LEICESTER, LE6 0YN - £405,000

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

2 OAKMEADOW WAY is a very large extended detached house of 172m², built sometime between 1983 and 1990. It was last sold for £405,000 in July 2019, which was around 30% above the average July 2019 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

2 OAKMEADOW WAY Sold Prices

Land registry data shows three sales for 2 OAKMEADOW WAY 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. The three 2 OAKMEADOW WAY sales were a mix of above the average price, and roughly equal to 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
2019 22 JUL	£405,000	£311,195	30% above HPI
2015 18 SEP	£249,950	£250,700	Close to HPI
2001 5 OCT	£148,000	£124,457	19% above HPI

2 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 three 2 OAKMEADOW WAY sales between October 2001 and July 2019 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 2015 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2019 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 2 OAKMEADOW WAY?

2 OAKMEADOW WAY is 172m², which includes two extensions, according to the EPC inspection conducted in August 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 2 OAKMEADOW WAY lies on this distribution: 94% of detached houses are smaller than 2 OAKMEADOW WAY, and 6% of houses are larger. Note that EPC data is not available for all properties in Groby.

2 OAKMEADOW WAY: Plot and Title Map

2 OAKMEADOW WAY sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 2 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 2 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 2 OAKMEADOW WAY?

2 OAKMEADOW WAY is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 2 on OAKMEADOW WAY.