23, LAWNWOOD ROAD, GROBY, LEICESTER, LE6 0BH - £275,000

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.

23 LAWNWOOD ROAD is a very small detached house of 53m², built sometime between 1950 and 1966, which could now be worth an estimated £271,278. It was last sold for £275,000 in September 2022, which was around 29% below the average September 2022 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

23 LAWNWOOD ROAD Sold Prices

Land registry data shows two sales for 23 LAWNWOOD ROAD 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 23 LAWNWOOD ROAD 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 30 SEP	£275,000	£386,275	29% below HPI
2012 9 MAR	£145,000	£198,051	27% below HPI

23 LAWNWOOD ROAD 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 23 LAWNWOOD ROAD sales from March 2012 and September 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 March 2012 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 23 LAWNWOOD ROAD be worth now?

23 LAWNWOOD ROAD might now be worth an estimated £271,278.

This is based on house price deflation of 1.4%, between September 2022 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 1.4% deflationary decrease is applied to the most recent sale price for 23 LAWNWOOD ROAD of £275,000 on 30th September 2022. For the value to have decreased from £275,000 to £271,278 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 23 LAWNWOOD ROAD has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The September 2022 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 23 LAWNWOOD ROAD has not materially changed since September 2022.

How Large is 23 LAWNWOOD ROAD?

23 LAWNWOOD ROAD is 53m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% 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 23 LAWNWOOD ROAD lies on this distribution: 2% of detached houses houses are smaller than 23 LAWNWOOD ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Groby.

23 LAWNWOOD ROAD: Plot and Title Map

23 LAWNWOOD ROAD sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 23 LAWNWOOD ROAD, 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 23 LAWNWOOD ROAD). 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 23 LAWNWOOD ROAD?

23 LAWNWOOD ROAD is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 23 on LAWNWOOD ROAD.