26, STEPHENSON WAY, GROBY, LEICESTER, LE6 0FW - £200,000

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

26 STEPHENSON WAY is a very small extended detached house of 57m², built sometime before 1900. It was last sold for £200,000 in October 2015, which was around 21% below the average October 2015 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was November 2009, where the current energy rating was F, and the potential energy rating was E.

26 STEPHENSON WAY Sold Prices

Land registry data shows three sales for 26 STEPHENSON 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. All of the three 26 STEPHENSON WAY 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
2015 9 OCT	£200,000	£252,930	21% below HPI
2007 5 MAR	£205,000	£234,018	12% below HPI
1997 20 AUG	£79,000	£83,394	5% below HPI

26 STEPHENSON 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 26 STEPHENSON WAY sales between August 1997 and October 2015 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 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2015 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 26 STEPHENSON WAY?

26 STEPHENSON WAY is 57m², which includes two extensions, according to the EPC inspection conducted in November 2009. 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 26 STEPHENSON WAY lies on this distribution: 3% of detached houses are smaller than 26 STEPHENSON WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Groby.

26 STEPHENSON WAY: Plot and Title Map

26 STEPHENSON WAY sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 26 STEPHENSON 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 26 STEPHENSON 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 26 STEPHENSON WAY?

26 STEPHENSON WAY is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 26 on STEPHENSON WAY.