11, OAK CLOSE, BURBAGE, HINCKLEY, LE10 2JX - £220,000

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.

11 OAK CLOSE is a very small semi-detached house of 54m², built sometime between 1991 and 1995, which could now be worth an estimated £228,063. It was last sold for £220,000 in July 2022, which was around 10% below the average July 2022 semi-detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

11 OAK CLOSE Sold Prices

Land registry data shows seven sales for 11 OAK CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average semi-detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the seven 11 OAK CLOSE 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
2022 12 JUL	£220,000	£243,973	10% below HPI
2008 29 AUG	£124,999	£139,557	10% below HPI
2006 2 JUN	£123,000	£144,253	15% below HPI
2004 2 APR	£106,950	£116,482	8% below HPI
2002 8 MAR	£66,500	£77,861	15% below HPI
1999 14 MAY	£47,000	£52,047	10% below HPI
1996 13 SEP	£43,750	£44,790	2% below HPI

11 OAK CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The seven 11 OAK CLOSE sales between September 1996 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 August 2008 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2022 sale, which was also at 10% below the HPI.

What might 11 OAK CLOSE be worth now?

11 OAK CLOSE might now be worth an estimated £228,063.

This is based on house price inflation of 3.7%, between July 2022 and May 2026, for semi-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 3.7% inflationary increase is applied to the most recent sale price for 11 OAK CLOSE of £220,000 on 12th July 2022. For the value to have increased from £220,000 to £228,063 over the four years and two months to May 2026, the following assumptions must hold true:

• The value of 11 OAK CLOSE has moved in line with the HPI for semi-detached houses in the Hinckley and Bosworth local authority area.
• The July 2022 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 11 OAK CLOSE has not materially changed since July 2022.

How Large is 11 OAK CLOSE?

11 OAK CLOSE is 54m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of semi-detached houses houses in Hinckley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hinckley, and where 11 OAK CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 11 OAK CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

11 OAK CLOSE: Plot and Title Map

11 OAK CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 11 OAK 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 OAK 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 OAK CLOSE?

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