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

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 LAUNDON CLOSE is a very small extended detached house of 71m², built sometime between 1983 and 1990. It was last sold for £215,000 in September 2018, which was around 31% 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	£310,665	31% below HPI
2015 3 AUG	£182,500	£249,256	27% below HPI
2003 11 JUL	£122,000	£175,570	31% below HPI
2002 15 MAR	£89,000	£135,473	34% 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 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

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 in Groby, based on EPC data. The below chart shows the distribution of detached houses by size in Groby, and where 3 LAUNDON CLOSE lies on this distribution: 13% of detached 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.