3, GARENDON WAY, GROBY, LEICESTER, LE6 0YR - £245,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 GARENDON WAY is a small detached house of 97m², built sometime between 1983 and 1990, which could now be worth an estimated £453,570. It was last sold for £245,000 in December 2012, which was around 19% above the average December 2012 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

3 GARENDON WAY Sold Prices

Land registry data shows three sales for 3 GARENDON 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. The three 3 GARENDON WAY sales were a mix of above the average price, and roughly equal to 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
2012 20 DEC	£245,000	£205,826	19% above HPI
2007 12 JUL	£225,000	£224,202	Close to HPI
1997 18 APR	£96,000	£75,831	27% above HPI

3 GARENDON 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 3 GARENDON WAY sales between April 1997 and December 2012 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 July 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2012 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 3 GARENDON WAY be worth now?

3 GARENDON WAY might now be worth an estimated £453,570.

This is based on house price inflation of 85.1%, between December 2012 and February 2025, for detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 85.1% inflationary increase is applied to the most recent sale price for 3 GARENDON WAY of £245,000 on 20th December 2012. For the value to have increased from £245,000 to £453,570 over the thirteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 GARENDON WAY has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The December 2012 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GARENDON WAY has not materially changed since December 2012.

How Large is 3 GARENDON WAY?

3 GARENDON WAY is 97m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 40% of detached houses houses in Groby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Groby, and where 3 GARENDON WAY lies on this distribution: 39% of detached houses houses are smaller than 3 GARENDON WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Groby.

3 GARENDON WAY: Plot and Title Map

3 GARENDON WAY sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 3 GARENDON 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 3 GARENDON 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 3 GARENDON WAY?

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