7, LARCHWOOD AVENUE, GROBY, LEICESTER, LE6 0ER - £178,000

7 LARCHWOOD AVENUE is a very small detached house of 51m², built sometime between 1983 and 1990. It was last sold for £178,000 in April 2014, which was around 24% below the average April 2014 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

7 LARCHWOOD AVENUE Sold Prices

Land registry data shows two sales for 7 LARCHWOOD AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 7 LARCHWOOD AVENUE 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
2014 16 APR	£178,000	£232,950	24% below HPI
2012 19 DEC	£150,000	£216,558	31% below HPI

7 LARCHWOOD AVENUE 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 two 7 LARCHWOOD AVENUE sales from December 2012 and April 2014 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 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2014 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 7 LARCHWOOD AVENUE?

7 LARCHWOOD AVENUE is 51m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 10% of detached houses in Groby, based on EPC data. The below chart shows the distribution of detached houses by size in Groby, and where 7 LARCHWOOD AVENUE lies on this distribution: 1% of detached houses are smaller than 7 LARCHWOOD AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Groby.

7 LARCHWOOD AVENUE: Plot and Title Map

7 LARCHWOOD AVENUE sits on a plot of roughly 0.071 of an acre, or 285m². The below map shows the location of 7 LARCHWOOD 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 7 LARCHWOOD 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 7 LARCHWOOD AVENUE?

7 LARCHWOOD AVENUE is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 7 on LARCHWOOD AVENUE.