40, WOODBANK ROAD, GROBY, LEICESTER, LE6 0BN - £190,000

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

40 WOODBANK ROAD is a very small extended detached house of 64m², built sometime between 1950 and 1966. It was last sold for £190,000 in February 2010, which was around 10% below the average February 2010 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

40 WOODBANK ROAD Sold Prices

Land registry data shows two sales for 40 WOODBANK 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 40 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
2010 19 FEB	£190,000	£210,828	10% below HPI
2008 16 OCT	£130,000	£220,140	41% below HPI

40 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 two 40 WOODBANK ROAD sales from October 2008 and February 2010 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 October 2008 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2010 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 40 WOODBANK ROAD?

40 WOODBANK ROAD is 64m², which includes one extension, according to the EPC inspection conducted in August 2009. 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 40 WOODBANK ROAD lies on this distribution: 6% of detached houses are smaller than 40 WOODBANK ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Groby.

40 WOODBANK ROAD: Plot and Title Map

40 WOODBANK ROAD sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 40 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 40 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 40 WOODBANK ROAD?

40 WOODBANK ROAD is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 40 on WOODBANK ROAD.