33, LARCHWOOD AVENUE, GROBY, LEICESTER, LE6 0ER - £220,000

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.

33 LARCHWOOD AVENUE is a very small detached house of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £288,412. It was last sold for £220,000 in February 2019, which was around 24% below the average February 2019 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

33 LARCHWOOD AVENUE Sold Prices

Land registry data shows two sales for 33 LARCHWOOD AVENUE 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. Both of the two 33 LARCHWOOD AVENUE 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 14 FEB	£220,000	£290,662	24% below HPI
1997 21 OCT	£59,950	£80,217	25% below HPI

33 LARCHWOOD AVENUE 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 33 LARCHWOOD AVENUE sales from October 1997 and February 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 October 1997 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2019 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 33 LARCHWOOD AVENUE be worth now?

33 LARCHWOOD AVENUE might now be worth an estimated £288,412.

This is based on house price inflation of 31.1%, between February 2019 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 31.1% inflationary increase is applied to the most recent sale price for 33 LARCHWOOD AVENUE of £220,000 on 14th February 2019. For the value to have increased from £220,000 to £288,412 over the six years to February 2025, the following assumptions must hold true:

• The value of 33 LARCHWOOD AVENUE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The February 2019 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 33 LARCHWOOD AVENUE has not materially changed since February 2019.

How Large is 33 LARCHWOOD AVENUE?

33 LARCHWOOD AVENUE is 54m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% 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 33 LARCHWOOD AVENUE lies on this distribution: 2% of detached houses houses are smaller than 33 LARCHWOOD AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Groby.

33 LARCHWOOD AVENUE: Plot and Title Map

33 LARCHWOOD AVENUE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 33 LARCHWOOD AVENUE, 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 33 LARCHWOOD AVENUE). 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 33 LARCHWOOD AVENUE?

33 LARCHWOOD AVENUE is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 33 on LARCHWOOD AVENUE.