3, LAUNDON CLOSE, GROBY, LEICESTER, LE6 0YZ - £215,000

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 LAUNDON CLOSE is a very small extended detached house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £277,460. It was last sold for £215,000 in September 2018, which was around 27% below the average September 2018 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

3 LAUNDON CLOSE Sold Prices

Land registry data shows four sales for 3 LAUNDON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the four 3 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
2018 6 SEP	£215,000	£295,268	27% below HPI
2015 3 AUG	£182,500	£236,903	23% below HPI
2003 11 JUL	£122,000	£166,868	27% below HPI
2002 15 MAR	£89,000	£128,759	31% below HPI

3 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 four 3 LAUNDON CLOSE sales between March 2002 and September 2018 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 August 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 3 LAUNDON CLOSE be worth now?

3 LAUNDON CLOSE might now be worth an estimated £277,460.

This is based on house price inflation of 29.1%, between September 2018 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 29.1% inflationary increase is applied to the most recent sale price for 3 LAUNDON CLOSE of £215,000 on 6th September 2018. For the value to have increased from £215,000 to £277,460 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 LAUNDON CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The September 2018 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LAUNDON CLOSE has not materially changed since September 2018.

How Large is 3 LAUNDON CLOSE?

3 LAUNDON CLOSE is 71m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 20% 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 LAUNDON CLOSE lies on this distribution: 13% of detached houses houses are smaller than 3 LAUNDON CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Groby.

3 LAUNDON CLOSE: Plot and Title Map

3 LAUNDON CLOSE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 3 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 3 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 3 LAUNDON CLOSE?

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