38, WOODBANK ROAD, GROBY, LEICESTER, LE6 0BN - £175,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

38 WOODBANK ROAD is a very small extended detached house of 52m², built sometime between 1950 and 1966. It was last sold for £175,000 in December 2013, which was around 21% below the average December 2013 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was B.

38 WOODBANK ROAD Sold Prices

Land registry data shows five sales for 38 WOODBANK ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the five 38 WOODBANK ROAD 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
2013 18 DEC	£175,000	£221,914	21% below HPI
2011 21 JAN	£175,000	£210,390	17% below HPI
2007 14 DEC	£210,000	£242,655	13% below HPI
2007 9 MAR	£142,000	£234,018	39% below HPI
2006 22 NOV	£135,000	£228,667	41% below HPI

38 WOODBANK ROAD 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 five 38 WOODBANK ROAD sales between November 2006 and December 2013 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 January 2011 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2013 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 38 WOODBANK ROAD?

38 WOODBANK ROAD is 52m², which includes one extension, according to the EPC inspection conducted in September 2024. This puts it in the smallest 10% of detached houses in Groby, based on EPC data. The below chart shows the distribution of detached houses by size in Groby, and where 38 WOODBANK ROAD lies on this distribution: 1% of detached houses are smaller than 38 WOODBANK ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Groby.

38 WOODBANK ROAD: Plot and Title Map

38 WOODBANK ROAD sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 38 WOODBANK ROAD, 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 38 WOODBANK ROAD). 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 38 WOODBANK ROAD?

38 WOODBANK ROAD is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 38 on WOODBANK ROAD.