4, LAUNDON CLOSE, GROBY, LEICESTER, LE6 0YZ - £335,500

4 LAUNDON CLOSE is a very small detached house of 78m², built sometime between 1983 and 1990. It was last sold for £335,500 in June 2023, which was around 14% below the average June 2023 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was B.

4 LAUNDON CLOSE Sold Prices

Land registry data shows five sales for 4 LAUNDON CLOSE 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 4 LAUNDON CLOSE 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
2023 21 JUN	£335,500	£389,337	14% below HPI
2016 6 APR	£195,000	£258,238	24% below HPI
2012 16 APR	£166,500	£211,335	21% below HPI
2002 30 AUG	£113,950	£151,107	25% below HPI
2000 15 SEP	£82,000	£109,838	25% below HPI

4 LAUNDON 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 five 4 LAUNDON CLOSE sales between September 2000 and June 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 April 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 4 LAUNDON CLOSE?

4 LAUNDON CLOSE is 78m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 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 4 LAUNDON CLOSE lies on this distribution: 19% of detached houses are smaller than 4 LAUNDON CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Groby.

4 LAUNDON CLOSE: Plot and Title Map

4 LAUNDON CLOSE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 4 LAUNDON 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 4 LAUNDON 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 4 LAUNDON CLOSE?

4 LAUNDON CLOSE is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 4 on LAUNDON CLOSE.