3, LAUNDON WAY, GROBY, LEICESTER, LE6 0YG - £285,000

3 LAUNDON WAY is a large extended detached house of 135m², built sometime between 1983 and 1990. It was last sold for £285,000 in November 2017, which was around 3% below the average November 2017 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was D.

3 LAUNDON WAY Sold Prices

Land registry data shows five sales for 3 LAUNDON WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the five 3 LAUNDON WAY 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
2017 10 NOV	£285,000	£293,746	3% below HPI
2014 16 DEC	£185,000	£239,343	23% below HPI
2003 19 MAY	£140,000	£177,013	21% below HPI
1998 26 OCT	£76,800	£90,883	15% below HPI
1995 29 SEP	£59,950	£75,387	20% below HPI

3 LAUNDON WAY 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 five 3 LAUNDON WAY sales between September 1995 and November 2017 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 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2017 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 3 LAUNDON WAY?

3 LAUNDON WAY is 135m², which includes one extension, according to the EPC inspection conducted in April 2009. 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 3 LAUNDON WAY lies on this distribution: 78% of detached houses are smaller than 3 LAUNDON WAY, and 22% of houses are larger. Note that EPC data is not available for all properties in Groby.

3 LAUNDON WAY: Plot and Title Map

3 LAUNDON WAY sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 3 LAUNDON WAY, 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 3 LAUNDON WAY). 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 3 LAUNDON WAY?

3 LAUNDON WAY is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 3 on LAUNDON WAY.