4, GROVE CLOSE, PACKINGTON, ASHBY-DE-LA-ZOUCH, LE65 1SR - £249,995

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.

4 GROVE CLOSE is a very large detached house of 425m², which could now be worth an estimated £331,059. It was last sold for £249,995 in February 2019, which was around 17% below the average February 2019 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was July 2019, where the current energy rating was B, and the potential energy rating was B.

4 GROVE CLOSE Sold Prices

Land registry data shows two sales for 4 GROVE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. Both of the two 4 GROVE 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
2019 15 FEB	£249,995	£300,088	17% below HPI
2019 9 JAN	£122,000	£302,222	60% below HPI

4 GROVE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two 4 GROVE CLOSE sales from January 2019 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 January 2019 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the February 2019 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 4 GROVE CLOSE be worth now?

4 GROVE CLOSE might now be worth an estimated £331,059.

This is based on house price inflation of 32.4%, between February 2019 and February 2025, for detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.4% inflationary increase is applied to the most recent sale price for 4 GROVE CLOSE of £249,995 on 15th February 2019. For the value to have increased from £249,995 to £331,059 over the six years to February 2025, the following assumptions must hold true:

• The value of 4 GROVE CLOSE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The February 2019 sale price of £249,995 represented a fair market value for the property.
• The size, condition, and specification of 4 GROVE CLOSE has not materially changed since February 2019.

How Large is 4 GROVE CLOSE?

4 GROVE CLOSE is 425m² according to the EPC inspection conducted in July 2019. This puts it in the largest 10% of detached houses houses in Packington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Packington, and where 4 GROVE CLOSE lies on this distribution: More than 99% of detached houses houses are smaller than 4 GROVE CLOSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Packington.

4 GROVE CLOSE: Plot and Title Map

4 GROVE CLOSE sits on a plot of roughly 0.414 of an acre, or 1,675m². The below map shows the location of 4 GROVE 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 4 GROVE 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 4 GROVE CLOSE?

4 GROVE CLOSE is located in PACKINGTON, in the LE65 postcode district. The below map shows the position of No. 4 on GROVE CLOSE.