6, ELSALENE CLOSE, GROBY, LEICESTER, LE6 0HY - £416,000

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.

6 ELSALENE CLOSE is a very large extended detached house of 154m², built sometime between 2003 and 2006, which could now be worth an estimated £546,449. It was last sold for £416,000 in October 2018, which was around 39% above the average October 2018 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

6 ELSALENE CLOSE Sold Prices

Land registry data shows three sales for 6 ELSALENE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the three 6 ELSALENE 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
2018 26 OCT	£416,000	£298,502	39% above HPI
2015 22 MAY	£326,000	£228,478	43% above HPI
2003 14 AUG	£289,950	£170,442	70% above HPI

6 ELSALENE 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 three 6 ELSALENE CLOSE sales between August 2003 and October 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 May 2015 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the October 2018 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 6 ELSALENE CLOSE be worth now?

6 ELSALENE CLOSE might now be worth an estimated £546,449.

This is based on house price inflation of 31.4%, between October 2018 and April 2026, for 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 31.4% inflationary increase is applied to the most recent sale price for 6 ELSALENE CLOSE of £416,000 on 26th October 2018. For the value to have increased from £416,000 to £546,449 over the eight years and six months to April 2026, the following assumptions must hold true:

• The value of 6 ELSALENE CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The October 2018 sale price of £416,000 represented a fair market value for the property.
• The size, condition, and specification of 6 ELSALENE CLOSE has not materially changed since October 2018.

How Large is 6 ELSALENE CLOSE?

6 ELSALENE CLOSE is 154m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 20% of detached houses houses in Groby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Groby, and where 6 ELSALENE CLOSE lies on this distribution: 89% of detached houses houses are smaller than 6 ELSALENE CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Groby.

6 ELSALENE CLOSE: Plot and Title Map

6 ELSALENE CLOSE sits on a plot of roughly 0.177 of an acre, or 717m². The below map shows the location of 6 ELSALENE 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 6 ELSALENE 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 6 ELSALENE CLOSE?

6 ELSALENE CLOSE is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 6 on ELSALENE CLOSE.