8, CHESTNUT WALK, GROBY, LEICESTER, LE6 0EU - £248,500

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 CHESTNUT WALK is a midsized extended detached house of 106m², built sometime between 1983 and 1990, which could now be worth an estimated £398,270. It was last sold for £248,500 in March 2016, which was around 4% above the average March 2016 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

8 CHESTNUT WALK Sold Prices

Land registry data shows two sales for 8 CHESTNUT WALK 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. One of the two 8 CHESTNUT WALK sales was for above the average price, whilst the other was 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
2016 24 MAR	£248,500	£239,281	4% above HPI
2001 26 FEB	£95,000	£113,167	16% below HPI

8 CHESTNUT WALK 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 8 CHESTNUT WALK sales from February 2001 and March 2016 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 February 2001 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2016 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 8 CHESTNUT WALK be worth now?

8 CHESTNUT WALK might now be worth an estimated £398,270.

This is based on house price inflation of 60.3%, between March 2016 and March 2025, 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 60.3% inflationary increase is applied to the most recent sale price for 8 CHESTNUT WALK of £248,500 on 24th March 2016. For the value to have increased from £248,500 to £398,270 over the nine years to March 2025, the following assumptions must hold true:

• The value of 8 CHESTNUT WALK has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The March 2016 sale price of £248,500 represented a fair market value for the property.
• The size, condition, and specification of 8 CHESTNUT WALK has not materially changed since March 2016.

How Large is 8 CHESTNUT WALK?

8 CHESTNUT WALK is 106m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 50% 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 8 CHESTNUT WALK lies on this distribution: 46% of detached houses houses are smaller than 8 CHESTNUT WALK, and 53% of houses are larger. Note that EPC data is not available for all properties in Groby.

8 CHESTNUT WALK: Plot and Title Map

8 CHESTNUT WALK sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 8 CHESTNUT WALK, 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 CHESTNUT WALK). 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 CHESTNUT WALK?

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