29, LAUNDON CLOSE, GROBY, LEICESTER, LE6 0YZ - £262,000

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

29 LAUNDON CLOSE is a small detached house of 98m², built sometime between 1983 and 1990. It was last sold for £262,000 in December 2019, which was around 15% below the average December 2019 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

29 LAUNDON CLOSE Sold Prices

Land registry data shows three sales for 29 LAUNDON CLOSE 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 29 LAUNDON CLOSE 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
2019 6 DEC	£262,000	£308,670	15% below HPI
2014 12 NOV	£173,000	£234,665	26% below HPI
1998 29 JUN	£65,500	£86,693	24% below HPI

29 LAUNDON CLOSE 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 29 LAUNDON CLOSE sales between June 1998 and December 2019 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 November 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2019 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 29 LAUNDON CLOSE?

29 LAUNDON CLOSE is 98m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% of detached houses in Groby, based on EPC data. The below chart shows the distribution of detached houses by size in Groby, and where 29 LAUNDON CLOSE lies on this distribution: 39% of detached houses are smaller than 29 LAUNDON CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Groby.

29 LAUNDON CLOSE: Plot and Title Map

29 LAUNDON CLOSE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 29 LAUNDON CLOSE, 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 29 LAUNDON CLOSE). 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 29 LAUNDON CLOSE?

29 LAUNDON CLOSE is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 29 on LAUNDON CLOSE.