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
55 GRANGE ROAD is a very small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £250,000 in April 2022, which was around 25% below the average April 2022 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 55 GRANGE ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the three 55 GRANGE 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 |
---|---|---|---|
2022 28 APR | £250,000 | £333,687 | 25% below HPI |
2008 1 JUL | £186,000 | £228,604 | 19% below HPI |
1997 13 JUN | £56,000 | £81,695 | 31% below HPI |
The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The three 55 GRANGE ROAD sales between June 1997 and April 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 July 2008 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
55 GRANGE ROAD is 88m², which includes two extensions, according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% of detached houses in Hugglescote, based on EPC data. The below chart shows the distribution of detached houses by size in Hugglescote, and where 55 GRANGE ROAD lies on this distribution: 10% of detached houses are smaller than 55 GRANGE ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Hugglescote.
55 GRANGE ROAD sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 55 GRANGE 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 55 GRANGE 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.
55 GRANGE ROAD is located in HUGGLESCOTE, in the LE67 postcode district. The below map shows the position of No. 55 on GRANGE ROAD.