8, GROVE ROAD, BURBAGE, HINCKLEY, LE10 2AD - £270,000

8 GROVE ROAD is a very small extended detached house of 84m², built sometime between 1950 and 1966. It was last sold for £270,000 in June 2020, which was around 14% below the average June 2020 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was D.

8 GROVE ROAD Sold Prices

Land registry data shows four sales for 8 GROVE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the four 8 GROVE ROAD 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
2020 29 JUN	£270,000	£313,441	14% below HPI
2019 28 JUN	£195,000	£312,536	38% below HPI
2007 23 NOV	£226,000	£243,140	7% below HPI
2005 22 APR	£158,000	£214,112	26% below HPI

8 GROVE ROAD 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 four 8 GROVE ROAD sales between April 2005 and June 2020 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 June 2019 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 8 GROVE ROAD?

8 GROVE ROAD is 84m², which includes one extension, according to the EPC inspection conducted in December 2010. This puts it in the smallest 20% of detached houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where 8 GROVE ROAD lies on this distribution: 20% of detached houses are smaller than 8 GROVE ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

8 GROVE ROAD: Plot and Title Map

8 GROVE ROAD sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 8 GROVE ROAD, 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 GROVE ROAD). 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 GROVE ROAD?

8 GROVE ROAD is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 8 on GROVE ROAD.