8, BAILEY VIEW, GROBY, LEICESTER, LE6 0FF - £280,000

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.

8 BAILEY VIEW is a midsized terraced house of 104m², built sometime between 2007 and 2011, which could now be worth an estimated £274,850. It was last sold for £280,000 in July 2022, which was around 43% above the average July 2022 terraced price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

8 BAILEY VIEW Sold Prices

Land registry data shows three sales for 8 BAILEY VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the three 8 BAILEY VIEW 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
2022 29 JUL	£280,000	£196,393	43% above HPI
2016 29 APR	£190,000	£127,541	49% above HPI
2009 5 JUN	£164,995	£103,125	60% above HPI

8 BAILEY VIEW Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The three 8 BAILEY VIEW sales between June 2009 and July 2022 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 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the July 2022 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 8 BAILEY VIEW be worth now?

8 BAILEY VIEW might now be worth an estimated £274,850.

This is based on house price deflation of 1.8%, between July 2022 and June 2025, for terraced 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 1.8% deflationary decrease is applied to the most recent sale price for 8 BAILEY VIEW of £280,000 on 29th July 2022. For the value to have decreased from £280,000 to £274,850 over the three years and one month to June 2025, the following assumptions must hold true:

• The value of 8 BAILEY VIEW has moved in line with the HPI for terraced houses in the Hinckley and Bosworth local authority area.
• The July 2022 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BAILEY VIEW has not materially changed since July 2022.

How Large is 8 BAILEY VIEW?

8 BAILEY VIEW is 104m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 50% of terraced houses houses in Groby, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Groby, and where 8 BAILEY VIEW lies on this distribution: 44% of terraced houses houses are smaller than 8 BAILEY VIEW, and 55% of houses are larger. Note that EPC data is not available for all properties in Groby.

8 BAILEY VIEW: Plot and Title Map

8 BAILEY VIEW sits on a plot of roughly 0.032 of an acre, or 130m². The below map shows the location of 8 BAILEY VIEW, 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 8 BAILEY VIEW). 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 8 BAILEY VIEW?

8 BAILEY VIEW is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 8 on BAILEY VIEW.