43, OAKMEADOW WAY, GROBY, LEICESTER, LE6 0YN - £275,000

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

43 OAKMEADOW WAY is a very small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £275,000 in August 2020, which was around 14% below the average August 2020 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

43 OAKMEADOW WAY Sold Prices

Land registry data shows five sales for 43 OAKMEADOW WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the five 43 OAKMEADOW WAY 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
2020 14 AUG	£275,000	£319,453	14% below HPI
2016 16 SEP	£215,000	£259,746	17% below HPI
2011 23 MAY	£170,000	£211,854	20% below HPI
2010 29 OCT	£155,000	£219,810	29% below HPI
2000 1 SEP	£87,000	£109,838	21% below HPI

43 OAKMEADOW WAY 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 five 43 OAKMEADOW WAY sales between September 2000 and August 2020 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 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 43 OAKMEADOW WAY?

43 OAKMEADOW WAY is 79m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 20% of detached houses in Groby, based on EPC data. The below chart shows the distribution of detached houses by size in Groby, and where 43 OAKMEADOW WAY lies on this distribution: 20% of detached houses are smaller than 43 OAKMEADOW WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Groby.

43 OAKMEADOW WAY: Plot and Title Map

43 OAKMEADOW WAY sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 43 OAKMEADOW WAY, 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 43 OAKMEADOW WAY). 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 43 OAKMEADOW WAY?

43 OAKMEADOW WAY is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 43 on OAKMEADOW WAY.