8, GROVE ROAD, BURBAGE, HINCKLEY, LE10 2AD - £270,000

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.

8 GROVE ROAD is a very small extended detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £345,353. It was last sold for £270,000 in June 2020, which was around 9% below the average June 2020 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was D.

8 GROVE ROAD Sold Prices

Land registry data shows four sales for 8 GROVE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the four 8 GROVE 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
2020 29 JUN	£270,000	£297,906	9% below HPI
2019 28 JUN	£195,000	£297,047	34% below HPI
2007 23 NOV	£226,000	£231,090	2% below HPI
2005 22 APR	£158,000	£203,501	22% below HPI

8 GROVE ROAD 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 four 8 GROVE ROAD sales between April 2005 and June 2020 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 June 2019 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2020 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 8 GROVE ROAD be worth now?

8 GROVE ROAD might now be worth an estimated £345,353.

This is based on house price inflation of 27.9%, between June 2020 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 27.9% inflationary increase is applied to the most recent sale price for 8 GROVE ROAD of £270,000 on 29th June 2020. For the value to have increased from £270,000 to £345,353 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 8 GROVE ROAD has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The June 2020 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GROVE ROAD has not materially changed since June 2020.

How Large is 8 GROVE ROAD?

8 GROVE ROAD is 84m², which includes one extension, according to the EPC inspection conducted in December 2010. This puts it in the smallest 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 ROAD lies on this distribution: 20% of detached houses houses are smaller than 8 GROVE ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

8 GROVE ROAD: Plot and Title Map

8 GROVE ROAD sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 8 GROVE 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 8 GROVE 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.

Where is 8 GROVE ROAD?

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