3, COTTAGE CLOSE, RATBY, LEICESTER, LE6 0XY - £135,000

3 COTTAGE CLOSE is a very small detached house of 55m², built sometime between 1983 and 1990. It was last sold for £135,000 in January 2013, which was around 39% below the average January 2013 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

3 COTTAGE CLOSE Sold Prices

Land registry data shows two sales for 3 COTTAGE 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. Both of the two 3 COTTAGE 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
2013 8 JAN	£135,000	£220,092	39% below HPI
2012 22 MAR	£125,000	£208,379	40% below HPI

3 COTTAGE 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 3 COTTAGE CLOSE sales from March 2012 and January 2013 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 March 2012 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2013 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 3 COTTAGE CLOSE?

3 COTTAGE CLOSE is 55m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 10% of detached houses in Ratby, based on EPC data. The below chart shows the distribution of detached houses by size in Ratby, and where 3 COTTAGE CLOSE lies on this distribution: 9% of detached houses are smaller than 3 COTTAGE CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Ratby.

3 COTTAGE CLOSE: Plot and Title Map

3 COTTAGE CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 3 COTTAGE 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 3 COTTAGE 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 3 COTTAGE CLOSE?

3 COTTAGE CLOSE is located in RATBY, in the LE6 postcode district. The below map shows the position of No. 3 on COTTAGE CLOSE.