7, LAUNDON WAY, GROBY, LEICESTER, LE6 0YG - £258,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 LAUNDON WAY is a midsized detached house of 108m², built sometime between 1983 and 1990, which could now be worth an estimated £412,589. It was last sold for £258,000 in September 2015, which was around 8% above the average September 2015 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

7 LAUNDON WAY Sold Prices

Land registry data shows three sales for 7 LAUNDON WAY 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 7 LAUNDON WAY 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
2015 11 SEP	£258,000	£238,276	8% above HPI
2012 23 MAR	£225,000	£198,051	14% above HPI
2008 7 APR	£245,000	£224,782	9% above HPI

7 LAUNDON 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 three 7 LAUNDON WAY sales between April 2008 and September 2015 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 March 2012 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2015 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 7 LAUNDON WAY be worth now?

7 LAUNDON WAY might now be worth an estimated £412,589.

This is based on house price inflation of 59.9%, between September 2015 and February 2025, for detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.9% inflationary increase is applied to the most recent sale price for 7 LAUNDON WAY of £258,000 on 11th September 2015. For the value to have increased from £258,000 to £412,589 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 7 LAUNDON WAY has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The September 2015 sale price of £258,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LAUNDON WAY has not materially changed since September 2015.

How Large is 7 LAUNDON WAY?

7 LAUNDON WAY is 108m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 50% of detached houses houses in Groby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Groby, and where 7 LAUNDON WAY lies on this distribution: 49% of detached houses houses are smaller than 7 LAUNDON WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Groby.

7 LAUNDON WAY: Plot and Title Map

7 LAUNDON WAY sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 7 LAUNDON 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 7 LAUNDON 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 7 LAUNDON WAY?

7 LAUNDON WAY is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 7 on LAUNDON WAY.