24, GROBY ROAD, GLENFIELD, LEICESTER, LE3 8GJ - £445,000

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

24 GROBY ROAD is a very large extended detached house of 144m², built sometime between 1950 and 1966. It was last sold for £445,000 in March 2023, which was around 10% above the average March 2023 detached price in the Blaby local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

24 GROBY ROAD Sold Prices

Land registry data shows two sales for 24 GROBY 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 Blaby local authority area for the corresponding sale date. One of the two 24 GROBY ROAD sales was for above the average price, whilst the other was 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
2023 17 MAR	£445,000	£403,799	10% above HPI
1997 5 SEP	£66,000	£85,904	23% below HPI

24 GROBY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The two 24 GROBY ROAD sales from September 1997 and March 2023 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 1997 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2023 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 24 GROBY ROAD?

24 GROBY ROAD is 144m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% of detached houses in Groby, based on EPC data. The below chart shows the distribution of detached houses by size in Groby, and where 24 GROBY ROAD lies on this distribution: 83% of detached houses are smaller than 24 GROBY ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Groby.

24 GROBY ROAD: Plot and Title Map

24 GROBY ROAD sits on a plot of roughly 0.268 of an acre, or 1,085m². The below map shows the location of 24 GROBY 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 24 GROBY 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 24 GROBY ROAD?

24 GROBY ROAD is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 24 on GROBY ROAD.