27, LARCHWOOD AVENUE, GROBY, LEICESTER, LE6 0ER - £290,000

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

27 LARCHWOOD AVENUE is a small extended detached house of 85m², built sometime between 1976 and 1982. It was last sold for £290,000 in June 2022, which was around 25% below the average June 2022 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

27 LARCHWOOD AVENUE Sold Prices

Land registry data shows two sales for 27 LARCHWOOD AVENUE 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 27 LARCHWOOD AVENUE 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 1 JUN	£290,000	£388,400	25% below HPI
2006 9 OCT	£189,000	£226,989	17% below HPI

27 LARCHWOOD AVENUE 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 27 LARCHWOOD AVENUE sales from October 2006 and June 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 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 27 LARCHWOOD AVENUE?

27 LARCHWOOD AVENUE is 85m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 30% of detached houses in Groby, based on EPC data. The below chart shows the distribution of detached houses by size in Groby, and where 27 LARCHWOOD AVENUE lies on this distribution: 26% of detached houses are smaller than 27 LARCHWOOD AVENUE, and 73% of houses are larger. Note that EPC data is not available for all properties in Groby.

27 LARCHWOOD AVENUE: Plot and Title Map

27 LARCHWOOD AVENUE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 27 LARCHWOOD AVENUE, 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 27 LARCHWOOD AVENUE). 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 27 LARCHWOOD AVENUE?

27 LARCHWOOD AVENUE is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 27 on LARCHWOOD AVENUE.