12, LOCKLEY CLOSE, RATBY, LEICESTER, LE6 0HP - £300,000

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.

12 LOCKLEY CLOSE is a large detached house of 117m², built sometime between 1996 and 2002, which could now be worth an estimated £379,273. It was last sold for £300,000 in August 2020, which was around 1% below the average August 2020 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

12 LOCKLEY CLOSE Sold Prices

Land registry data shows four sales for 12 LOCKLEY CLOSE 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. One of the four 12 LOCKLEY CLOSE sales was for below the average price, whilst two were 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
2020 26 AUG	£300,000	£303,620	1% below HPI
2014 28 FEB	£213,950	£213,942	Close to HPI
2002 8 JUL	£144,500	£137,211	5% above HPI
1999 7 MAY	£93,950	£84,672	11% above HPI

12 LOCKLEY 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 four 12 LOCKLEY CLOSE sales between May 1999 and August 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 February 2014 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2020 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 12 LOCKLEY CLOSE be worth now?

12 LOCKLEY CLOSE might now be worth an estimated £379,273.

This is based on house price inflation of 26.4%, between August 2020 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 26.4% inflationary increase is applied to the most recent sale price for 12 LOCKLEY CLOSE of £300,000 on 26th August 2020. For the value to have increased from £300,000 to £379,273 over the six years and three months to May 2026, the following assumptions must hold true:

• The value of 12 LOCKLEY CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The August 2020 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LOCKLEY CLOSE has not materially changed since August 2020.

How Large is 12 LOCKLEY CLOSE?

12 LOCKLEY CLOSE is 117m² according to the EPC inspection conducted in June 2013. This puts it in the largest 40% of detached houses houses in Ratby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ratby, and where 12 LOCKLEY CLOSE lies on this distribution: 68% of detached houses houses are smaller than 12 LOCKLEY CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Ratby.

12 LOCKLEY CLOSE: Plot and Title Map

12 LOCKLEY CLOSE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 12 LOCKLEY 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 12 LOCKLEY 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 12 LOCKLEY CLOSE?

12 LOCKLEY CLOSE is located in RATBY, in the LE6 postcode district. The below map shows the position of No. 12 on LOCKLEY CLOSE.