3, BAILEY VIEW, GROBY, LEICESTER, LE6 0FF - £300,000

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

3 BAILEY VIEW is a very large detached house of 156m², built sometime from 2007 onwards. It was last sold for £300,000 in December 2019, which was around 3% below the average December 2019 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

3 BAILEY VIEW Sold Prices

Land registry data shows two sales for 3 BAILEY VIEW 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. One of the two 3 BAILEY VIEW sales was for below the average price, whilst the other was for above 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	£300,000	£308,670	3% below HPI
2009 14 MAY	£230,000	£199,883	15% above HPI

3 BAILEY VIEW 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 3 BAILEY VIEW sales from May 2009 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 May 2009 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2019 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 3 BAILEY VIEW?

3 BAILEY VIEW is 156m² according to the EPC inspection conducted in June 2019. 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 3 BAILEY VIEW lies on this distribution: 90% of detached houses are smaller than 3 BAILEY VIEW, and 10% of houses are larger. Note that EPC data is not available for all properties in Groby.

3 BAILEY VIEW: Plot and Title Map

3 BAILEY VIEW sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 3 BAILEY VIEW, 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 3 BAILEY VIEW). 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 3 BAILEY VIEW?

3 BAILEY VIEW is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 3 on BAILEY VIEW.