7, CHERRY GROVE, GREAT GLEN, LEICESTER, LE8 9ES - £287,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 CHERRY GROVE is a small extended detached house of 108m², built sometime between 1996 and 2002. It was last sold for £287,000 in March 2019, which was around 29% below the average March 2019 detached price in the Harborough local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

7 CHERRY GROVE Sold Prices

Land registry data shows three sales for 7 CHERRY GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the three 7 CHERRY 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
2019 29 MAR	£287,000	£404,045	29% below HPI
2014 22 AUG	£250,000	£318,115	21% below HPI
1999 29 MAR	£77,000	£111,068	31% below HPI

7 CHERRY GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The three 7 CHERRY GROVE sales between March 1999 and March 2019 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 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2019 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 7 CHERRY GROVE?

7 CHERRY GROVE is 108m², which includes three extensions, according to the EPC inspection conducted in October 2013. This puts it in the smallest 30% of detached houses in Great Glen, based on EPC data. The below chart shows the distribution of detached houses by size in Great Glen, and where 7 CHERRY GROVE lies on this distribution: 29% of detached houses are smaller than 7 CHERRY GROVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Great Glen.

7 CHERRY GROVE: Plot and Title Map

7 CHERRY GROVE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 7 CHERRY 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 7 CHERRY 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.

Where is 7 CHERRY GROVE?

7 CHERRY GROVE is located in GREAT GLEN, in the LE8 postcode district. The below map shows the position of No. 7 on CHERRY GROVE.