5, SPINNEY CLOSE, GROBY, LEICESTER, LE6 0BY - £515,000

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

5 SPINNEY CLOSE is a large detached house of 125m², built sometime between 1996 and 2002. It was last sold for £515,000 in July 2022, which was around 30% above the average July 2022 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

5 SPINNEY CLOSE Sold Prices

Land registry data shows three sales for 5 SPINNEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the three 5 SPINNEY CLOSE sales were for above 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
2022 29 JUL	£515,000	£396,805	30% above HPI
2016 19 APR	£385,000	£258,238	49% above HPI
1997 16 JUN	£143,950	£81,765	76% above HPI

5 SPINNEY CLOSE 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 three 5 SPINNEY CLOSE sales between June 1997 and July 2022 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 April 2016 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the July 2022 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 5 SPINNEY CLOSE?

5 SPINNEY CLOSE is 125m² according to the EPC inspection conducted in December 2015. This puts it in the largest 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 5 SPINNEY CLOSE lies on this distribution: 68% of detached houses are smaller than 5 SPINNEY CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Groby.

5 SPINNEY CLOSE: Plot and Title Map

5 SPINNEY CLOSE sits on a plot of roughly 0.160 of an acre, or 647m². The below map shows the location of 5 SPINNEY 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 5 SPINNEY 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.

Where is 5 SPINNEY CLOSE?

5 SPINNEY CLOSE is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 5 on SPINNEY CLOSE.