16, SPINNEY CLOSE, GROBY, LEICESTER, LE6 0BY - £475,000

16 SPINNEY CLOSE is a large extended detached house of 137m², built sometime between 1996 and 2002. It was last sold for £475,000 in May 2023, which was around 24% above the average May 2023 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

16 SPINNEY CLOSE Sold Prices

Land registry data shows four sales for 16 SPINNEY CLOSE 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 16 SPINNEY CLOSE 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
2023 10 MAY	£475,000	£383,732	24% above HPI
2003 25 JUL	£245,000	£175,570	40% above HPI
2000 27 OCT	£190,000	£111,997	70% above HPI
1997 28 NOV	£141,000	£86,270	63% above HPI

16 SPINNEY CLOSE 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 16 SPINNEY CLOSE sales between November 1997 and May 2023 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 July 2003 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the May 2023 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 16 SPINNEY CLOSE?

16 SPINNEY CLOSE is 137m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 30% of detached houses in Groby, based on EPC data. The below chart shows the distribution of detached houses by size in Groby, and where 16 SPINNEY CLOSE lies on this distribution: 80% of detached houses are smaller than 16 SPINNEY CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Groby.

16 SPINNEY CLOSE: Plot and Title Map

16 SPINNEY CLOSE sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 16 SPINNEY CLOSE, 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 16 SPINNEY CLOSE). 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 16 SPINNEY CLOSE?

16 SPINNEY CLOSE is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 16 on SPINNEY CLOSE.