2, GREY CLOSE, GROBY, LEICESTER, LE6 0DS - £217,500

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.

2 GREY CLOSE is a very small detached house of 74m², built sometime between 1950 and 1966, which could now be worth an estimated £404,726. It was last sold for £217,500 in August 2012, which was around 5% above the average August 2012 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

2 GREY CLOSE Sold Prices

Land registry data shows one sale for 2 GREY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 31 AUG	£217,500	£206,281	5% above HPI

What might 2 GREY CLOSE be worth now?

2 GREY CLOSE might now be worth an estimated £404,726.

This is based on house price inflation of 86.1%, between August 2012 and May 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 86.1% inflationary increase is applied to the most recent sale price for 2 GREY CLOSE of £217,500 on 31st August 2012. For the value to have increased from £217,500 to £404,726 over the fourteen years and three months to May 2026, the following assumptions must hold true:

• The value of 2 GREY CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The August 2012 sale price of £217,500 represented a fair market value for the property.
• The size, condition, and specification of 2 GREY CLOSE has not materially changed since August 2012.

How Large is 2 GREY CLOSE?

2 GREY CLOSE is 74m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of detached houses in Groby, based on EPC data. The below chart shows the distribution of detached houses by size in Groby, and where 2 GREY CLOSE lies on this distribution: 15% of detached houses are smaller than 2 GREY CLOSE, and 84% of detached houses are larger. Note that EPC data is not available for all properties in Groby.

2 GREY CLOSE: Plot

2 GREY CLOSE sits on a plot of roughly 0.412 of an acre, or 1,669m².

Where is 2 GREY CLOSE?

2 GREY CLOSE is located in GROBY, in the LE6 postcode district.