2, GRANGE CLOSE, RATBY, LEICESTER, LE6 0NR - £310,000

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.

2 GRANGE CLOSE is a small detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £314,093. It was last sold for £310,000 in September 2023, which was around 18% below the average September 2023 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was B.

2 GRANGE CLOSE Sold Prices

Land registry data shows three sales for 2 GRANGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the three 2 GRANGE 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
2023 14 SEP	£310,000	£378,498	18% below HPI
2017 1 DEC	£220,000	£281,320	22% below HPI
2015 17 DEC	£155,500	£242,255	36% below HPI

2 GRANGE 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 three 2 GRANGE CLOSE sales between December 2015 and September 2023 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 2017 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 GRANGE CLOSE be worth now?

2 GRANGE CLOSE might now be worth an estimated £314,093.

This is based on house price inflation of 1.3%, between September 2023 and March 2025, 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 1.3% inflationary increase is applied to the most recent sale price for 2 GRANGE CLOSE of £310,000 on 14th September 2023. For the value to have increased from £310,000 to £314,093 over the two years and six months to March 2025, the following assumptions must hold true:

• The value of 2 GRANGE CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The September 2023 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GRANGE CLOSE has not materially changed since September 2023.

How Large is 2 GRANGE CLOSE?

2 GRANGE CLOSE is 78m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% 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 2 GRANGE CLOSE lies on this distribution: 29% of detached houses houses are smaller than 2 GRANGE CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Ratby.

2 GRANGE CLOSE: Plot and Title Map

2 GRANGE CLOSE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 2 GRANGE 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 2 GRANGE 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 2 GRANGE CLOSE?

2 GRANGE CLOSE is located in RATBY, in the LE6 postcode district. The below map shows the position of No. 2 on GRANGE CLOSE.