8A, MARTINSHAW LANE, GROBY, LEICESTER, LE6 0BJ - £325,000

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

8A MARTINSHAW LANE is a very large detached house of 149m². It was last sold for £325,000 in January 2021, which was around 3% below the average January 2021 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was October 2020, where the current energy rating was B, and the potential energy rating was A.

8A MARTINSHAW LANE Sold Prices

Land registry data shows two sales for 8A MARTINSHAW LANE 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 8A MARTINSHAW LANE 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
2021 15 JAN	£325,000	£335,567	3% below HPI
2019 8 MAR	£204,000	£304,409	33% below HPI

8A MARTINSHAW LANE 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 8A MARTINSHAW LANE sales from March 2019 and January 2021 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 2019 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 8A MARTINSHAW LANE?

8A MARTINSHAW LANE is 149m² according to the EPC inspection conducted in October 2020. This puts it in the largest 20% of detached houses in Groby, based on EPC data. The below chart shows the distribution of detached houses by size in Groby, and where 8A MARTINSHAW LANE lies on this distribution: 87% of detached houses are smaller than 8A MARTINSHAW LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in Groby.

8A MARTINSHAW LANE: Plot and Title Map

8A MARTINSHAW LANE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 8A MARTINSHAW LANE, 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 8A MARTINSHAW LANE). 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 8A MARTINSHAW LANE?

8A MARTINSHAW LANE is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 8A on MARTINSHAW LANE.