37, LARCHWOOD AVENUE, GROBY, LEICESTER, LE6 0ER - £329,500

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.

37 LARCHWOOD AVENUE is a small detached house of 91m², built sometime between 1983 and 1990, which could now be worth an estimated £323,994. It was last sold for £329,500 in October 2022, which was around 15% below the average October 2022 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

37 LARCHWOOD AVENUE Sold Prices

Land registry data shows two sales for 37 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. One of the two 37 LARCHWOOD AVENUE 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
2022 7 OCT	£329,500	£387,522	15% below HPI
1999 21 JUL	£112,500	£89,107	26% above HPI

37 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 37 LARCHWOOD AVENUE sales from July 1999 and October 2022 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 1999 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 37 LARCHWOOD AVENUE be worth now?

37 LARCHWOOD AVENUE might now be worth an estimated £323,994.

This is based on house price deflation of 1.7%, between October 2022 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 1.7% deflationary decrease is applied to the most recent sale price for 37 LARCHWOOD AVENUE of £329,500 on 7th October 2022. For the value to have decreased from £329,500 to £323,994 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 37 LARCHWOOD AVENUE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The October 2022 sale price of £329,500 represented a fair market value for the property.
• The size, condition, and specification of 37 LARCHWOOD AVENUE has not materially changed since October 2022.

How Large is 37 LARCHWOOD AVENUE?

37 LARCHWOOD AVENUE is 91m² according to the EPC inspection conducted in June 2022. 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 37 LARCHWOOD AVENUE lies on this distribution: 32% of detached houses houses are smaller than 37 LARCHWOOD AVENUE, and 68% of houses are larger. Note that EPC data is not available for all properties in Groby.

37 LARCHWOOD AVENUE: Plot and Title Map

37 LARCHWOOD AVENUE sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of 37 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 37 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 37 LARCHWOOD AVENUE?

37 LARCHWOOD AVENUE is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 37 on LARCHWOOD AVENUE.