2, ROOKERY LANE, GROBY, LEICESTER, LE6 0GL - £215,000

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 ROOKERY LANE is a very small detached house of 49m², built sometime before 1900. It was last sold for £215,000 in December 2022, which was around 46% below the average December 2022 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was December 2013, where the current energy rating was E, and the potential energy rating was C.

2 ROOKERY LANE Sold Prices

Land registry data shows three sales for 2 ROOKERY LANE 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. All of the three 2 ROOKERY LANE 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
2022 2 DEC	£215,000	£400,721	46% below HPI
2014 24 OCT	£150,000	£235,601	36% below HPI
1999 22 FEB	£59,950	£88,409	32% below HPI

2 ROOKERY 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 three 2 ROOKERY LANE sales between February 1999 and December 2022 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 October 2014 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2022 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 2 ROOKERY LANE?

2 ROOKERY LANE is 49m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 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 ROOKERY LANE lies on this distribution: Less than 1% of detached houses are smaller than 2 ROOKERY LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Groby.

2 ROOKERY LANE: Plot and Title Map

2 ROOKERY LANE sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 2 ROOKERY 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 2 ROOKERY 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 2 ROOKERY LANE?

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