11, HOLLY CLOSE, BURBAGE, HINCKLEY, LE10 2JS - £277,500

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.

11 HOLLY CLOSE is a small detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £381,475. It was last sold for £277,500 in January 2018, which was around 1% below the average January 2018 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

11 HOLLY CLOSE Sold Prices

Land registry data shows two sales for 11 HOLLY CLOSE 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 11 HOLLY CLOSE sales was for below the average price, whilst the other was 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
2018 4 JAN	£277,500	£279,228	1% below HPI
1997 12 DEC	£94,000	£81,001	16% above HPI

11 HOLLY CLOSE 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 11 HOLLY CLOSE sales from December 1997 and January 2018 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 1997 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2018 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 11 HOLLY CLOSE be worth now?

11 HOLLY CLOSE might now be worth an estimated £381,475.

This is based on house price inflation of 37.5%, between January 2018 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 37.5% inflationary increase is applied to the most recent sale price for 11 HOLLY CLOSE of £277,500 on 4th January 2018. For the value to have increased from £277,500 to £381,475 over the seven years and eight months to May 2026, the following assumptions must hold true:

• The value of 11 HOLLY CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The January 2018 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 11 HOLLY CLOSE has not materially changed since January 2018.

How Large is 11 HOLLY CLOSE?

11 HOLLY CLOSE is 86m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 30% of detached houses houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hinckley, and where 11 HOLLY CLOSE lies on this distribution: 20% of detached houses houses are smaller than 11 HOLLY CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

11 HOLLY CLOSE: Plot and Title Map

11 HOLLY CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 11 HOLLY CLOSE, 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 11 HOLLY CLOSE). 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 11 HOLLY CLOSE?

11 HOLLY CLOSE is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 11 on HOLLY CLOSE.