4, LAWNWOOD ROAD, GROBY, LEICESTER, LE6 0BH - £155,000

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.

4 LAWNWOOD ROAD is a very small detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £300,133. It was last sold for £155,000 in March 2012, which was around 22% below the average March 2012 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

4 LAWNWOOD ROAD Sold Prices

Land registry data shows two sales for 4 LAWNWOOD ROAD 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 4 LAWNWOOD 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
2012 23 MAR	£155,000	£198,051	22% below HPI
2009 18 SEP	£117,000	£202,426	42% below HPI

4 LAWNWOOD 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 two 4 LAWNWOOD ROAD sales from September 2009 and March 2012 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 September 2009 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2012 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 4 LAWNWOOD ROAD be worth now?

4 LAWNWOOD ROAD might now be worth an estimated £300,133.

This is based on house price inflation of 93.6%, between March 2012 and March 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 93.6% inflationary increase is applied to the most recent sale price for 4 LAWNWOOD ROAD of £155,000 on 23rd March 2012. For the value to have increased from £155,000 to £300,133 over the thirteen years to March 2025, the following assumptions must hold true:

• The value of 4 LAWNWOOD ROAD has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The March 2012 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LAWNWOOD ROAD has not materially changed since March 2012.

How Large is 4 LAWNWOOD ROAD?

4 LAWNWOOD ROAD is 66m² according to the EPC inspection conducted in March 2012. 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 4 LAWNWOOD ROAD lies on this distribution: 8% of detached houses houses are smaller than 4 LAWNWOOD ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Groby.

4 LAWNWOOD ROAD: Plot and Title Map

4 LAWNWOOD ROAD sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 4 LAWNWOOD 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 4 LAWNWOOD 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 4 LAWNWOOD ROAD?

4 LAWNWOOD ROAD is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 4 on LAWNWOOD ROAD.