3, PINE TREE AVENUE, GROBY, LEICESTER, LE6 0EQ - £192,000

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.

3 PINE TREE AVENUE is a small extended semi-detached house of 85m², built sometime between 1976 and 1982, which could now be worth an estimated £259,258. It was last sold for £192,000 in December 2018, which was around 2% above the average December 2018 semi-detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

3 PINE TREE AVENUE Sold Prices

Land registry data shows three sales for 3 PINE TREE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the three 3 PINE TREE AVENUE 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
2018 4 DEC	£192,000	£187,571	2% above HPI
2003 10 MAR	£118,000	£99,848	18% above HPI
1996 29 NOV	£56,500	£46,180	22% above HPI

3 PINE TREE AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The three 3 PINE TREE AVENUE sales between November 1996 and December 2018 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 2003 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2018 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 3 PINE TREE AVENUE be worth now?

3 PINE TREE AVENUE might now be worth an estimated £259,258.

This is based on house price inflation of 35%, between December 2018 and March 2025, for semi-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 35% inflationary increase is applied to the most recent sale price for 3 PINE TREE AVENUE of £192,000 on 4th December 2018. For the value to have increased from £192,000 to £259,258 over the seven years and nine months to March 2025, the following assumptions must hold true:

• The value of 3 PINE TREE AVENUE has moved in line with the HPI for semi-detached houses in the Hinckley and Bosworth local authority area.
• The December 2018 sale price of £192,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PINE TREE AVENUE has not materially changed since December 2018.

How Large is 3 PINE TREE AVENUE?

3 PINE TREE AVENUE is 85m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 30% of semi-detached houses houses in Groby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Groby, and where 3 PINE TREE AVENUE lies on this distribution: 26% of semi-detached houses houses are smaller than 3 PINE TREE AVENUE, and 73% of houses are larger. Note that EPC data is not available for all properties in Groby.

3 PINE TREE AVENUE: Plot and Title Map

3 PINE TREE AVENUE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 3 PINE TREE 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 3 PINE TREE 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 3 PINE TREE AVENUE?

3 PINE TREE AVENUE is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 3 on PINE TREE AVENUE.