8, GROVE PARK, BURBAGE, HINCKLEY, LE10 2BJ - £361,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 GROVE PARK is a very large extended detached house of 173m², built sometime between 1967 and 1975, which could now be worth an estimated £626,122. It was last sold for £361,500 in June 2014, which was around 64% above the average June 2014 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

8 GROVE PARK Sold Prices

Land registry data shows two sales for 8 GROVE PARK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 8 GROVE PARK 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
2014 12 JUN	£361,500	£220,439	64% above HPI
1999 16 DEC	£119,950	£97,101	24% above HPI

8 GROVE PARK 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 two 8 GROVE PARK sales from December 1999 and June 2014 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 December 1999 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the June 2014 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

What might 8 GROVE PARK be worth now?

8 GROVE PARK might now be worth an estimated £626,122.

This is based on house price inflation of 73.2%, between June 2014 and December 2024, 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 73.2% inflationary increase is applied to the most recent sale price for 8 GROVE PARK of £361,500 on 12th June 2014. For the value to have increased from £361,500 to £626,122 over the nine years and six months to December 2024, the following assumptions must hold true:

• The value of 8 GROVE PARK has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The June 2014 sale price of £361,500 represented a fair market value for the property.
• The size, condition, and specification of 8 GROVE PARK has not materially changed since June 2014.

How Large is 8 GROVE PARK?

8 GROVE PARK is 173m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 20% of detached houses houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hinckley, and where 8 GROVE PARK lies on this distribution: 90% of detached houses houses are smaller than 8 GROVE PARK, and 10% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

8 GROVE PARK: Plot and Title Map

8 GROVE PARK sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 8 GROVE PARK, 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 8 GROVE PARK). 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 8 GROVE PARK?

8 GROVE PARK is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 8 on GROVE PARK.