20, FERN CRESCENT, GROBY, LEICESTER, LE6 0BE - £257,500

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.

20 FERN CRESCENT is a very small detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £329,926. It was last sold for £257,500 in November 2018, which was around 13% below the average November 2018 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.

20 FERN CRESCENT Sold Prices

Land registry data shows two sales for 20 FERN CRESCENT 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 20 FERN CRESCENT 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
2018 30 NOV	£257,500	£297,399	13% below HPI
2016 8 JUL	£165,000	£245,866	33% below HPI

20 FERN CRESCENT 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 20 FERN CRESCENT sales from July 2016 and November 2018 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 July 2016 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2018 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 20 FERN CRESCENT be worth now?

20 FERN CRESCENT might now be worth an estimated £329,926.

This is based on house price inflation of 28.1%, between November 2018 and February 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 28.1% inflationary increase is applied to the most recent sale price for 20 FERN CRESCENT of £257,500 on 30th November 2018. For the value to have increased from £257,500 to £329,926 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 20 FERN CRESCENT has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The November 2018 sale price of £257,500 represented a fair market value for the property.
• The size, condition, and specification of 20 FERN CRESCENT has not materially changed since November 2018.

How Large is 20 FERN CRESCENT?

20 FERN CRESCENT is 77m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 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 20 FERN CRESCENT lies on this distribution: 18% of detached houses houses are smaller than 20 FERN CRESCENT, and 81% of houses are larger. Note that EPC data is not available for all properties in Groby.

20 FERN CRESCENT: Plot and Title Map

20 FERN CRESCENT sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 20 FERN CRESCENT, 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 20 FERN CRESCENT). 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 20 FERN CRESCENT?

20 FERN CRESCENT is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 20 on FERN CRESCENT.