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
42 CARMEN GROVE is a small extended detached house of 92m², built sometime between 1976 and 1982. It was last sold for £300,000 in November 2023, which was around 25% below the average November 2023 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 42 CARMEN GROVE 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 42 CARMEN GROVE 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 |
---|---|---|---|
2023 30 NOV | £300,000 | £402,664 | 25% below HPI |
2007 9 AUG | £175,000 | £242,546 | 28% below HPI |
2004 6 FEB | £132,500 | £184,337 | 28% below HPI |
2000 25 FEB | £50,000 | £97,059 | 48% 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 42 CARMEN GROVE sales between February 2000 and November 2023 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 August 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.
42 CARMEN GROVE is 92m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 40% of detached houses in Groby, based on EPC data. The below chart shows the distribution of detached houses by size in Groby, and where 42 CARMEN GROVE lies on this distribution: 32% of detached houses are smaller than 42 CARMEN GROVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Groby.
42 CARMEN GROVE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 42 CARMEN GROVE, 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 42 CARMEN GROVE). 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.
42 CARMEN GROVE is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 42 on CARMEN GROVE.