2, PENZANCE CLOSE, HINCKLEY, LE10 1XJ - £295,000

2 PENZANCE CLOSE is a midsized extended detached house of 110m², built sometime between 1991 and 1995. It was last sold for £295,000 in June 2021, which was around 14% below the average June 2021 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

2 PENZANCE CLOSE Sold Prices

Land registry data shows two sales for 2 PENZANCE 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 2 PENZANCE 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
2021 25 JUN	£295,000	£344,034	14% below HPI
2000 7 JUL	£125,000	£106,740	17% above HPI

2 PENZANCE 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 2 PENZANCE CLOSE sales from July 2000 and June 2021 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 July 2000 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 PENZANCE CLOSE?

2 PENZANCE CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 50% of detached houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where 2 PENZANCE CLOSE lies on this distribution: 48% of detached houses are smaller than 2 PENZANCE CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

2 PENZANCE CLOSE: Plot and Title Map

2 PENZANCE CLOSE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 2 PENZANCE 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 PENZANCE 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 PENZANCE CLOSE?

2 PENZANCE CLOSE is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 2 on PENZANCE CLOSE.