9, LARCHWOOD AVENUE, GROBY, LEICESTER, LE6 0ER - £287,500

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

9 LARCHWOOD AVENUE is a very small extended detached house of 68m², built sometime between 1983 and 1990. It was last sold for £287,500 in September 2021, which was around 18% below the average September 2021 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

9 LARCHWOOD AVENUE Sold Prices

Land registry data shows two sales for 9 LARCHWOOD AVENUE 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 9 LARCHWOOD AVENUE 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 6 SEP	£287,500	£349,424	18% below HPI
2016 8 MAR	£179,500	£251,758	29% below HPI

9 LARCHWOOD AVENUE 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 9 LARCHWOOD AVENUE sales from March 2016 and September 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 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 9 LARCHWOOD AVENUE?

9 LARCHWOOD AVENUE is 68m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% of detached houses in Groby, based on EPC data. The below chart shows the distribution of detached houses by size in Groby, and where 9 LARCHWOOD AVENUE lies on this distribution: 9% of detached houses are smaller than 9 LARCHWOOD AVENUE, and 90% of houses are larger. Note that EPC data is not available for all properties in Groby.

9 LARCHWOOD AVENUE: Plot and Title Map

9 LARCHWOOD AVENUE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 9 LARCHWOOD AVENUE, 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 9 LARCHWOOD AVENUE). 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 9 LARCHWOOD AVENUE?

9 LARCHWOOD AVENUE is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 9 on LARCHWOOD AVENUE.