Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
4 QUEENSMEAD CLOSE is a very small detached house of 64m², built sometime between 1983 and 1990. It was last sold for £290,000 in April 2024, which was around 25% below the average April 2024 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 4 QUEENSMEAD CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the four 4 QUEENSMEAD 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 |
---|---|---|---|
2024 23 APR | £290,000 | £384,311 | 25% below HPI |
2016 10 JUN | £190,000 | £260,102 | 27% below HPI |
2006 14 NOV | £156,000 | £228,667 | 32% below HPI |
1997 19 DEC | £58,000 | £85,224 | 32% below HPI |
The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The four 4 QUEENSMEAD CLOSE sales between December 1997 and April 2024 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 June 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2024 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.
4 QUEENSMEAD CLOSE is 64m² according to the EPC inspection conducted in February 2016. 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 4 QUEENSMEAD CLOSE lies on this distribution: 6% of detached houses are smaller than 4 QUEENSMEAD CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Groby.
4 QUEENSMEAD CLOSE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 4 QUEENSMEAD 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 QUEENSMEAD 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.
4 QUEENSMEAD CLOSE is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 4 on QUEENSMEAD CLOSE.