3, LOBELIA CLOSE, BURBAGE, HINCKLEY, LE10 2UL - £235,000

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.

3 LOBELIA CLOSE is a very small terraced house of 72m², built sometime between 1976 and 1982, which could now be worth an estimated £245,522. It was last sold for £235,000 in January 2024, which was around 22% above the average January 2024 terraced price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

3 LOBELIA CLOSE Sold Prices

Land registry data shows five sales for 3 LOBELIA CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the five 3 LOBELIA CLOSE sales 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
2024 3 JAN	£235,000	£192,654	22% above HPI
2016 2 DEC	£135,000	£132,001	2% above HPI
2007 31 AUG	£144,000	£127,061	13% above HPI
2007 26 MAR	£125,000	£122,222	2% above HPI
1999 27 JAN	£62,000	£40,454	53% above HPI

3 LOBELIA CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The five 3 LOBELIA CLOSE sales between January 1999 and January 2024 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 2016 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 2024 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 3 LOBELIA CLOSE be worth now?

3 LOBELIA CLOSE might now be worth an estimated £245,522.

This is based on house price inflation of 4.5%, between January 2024 and May 2026, for terraced 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 4.5% inflationary increase is applied to the most recent sale price for 3 LOBELIA CLOSE of £235,000 on 3rd January 2024. For the value to have increased from £235,000 to £245,522 over the one year and eight months to May 2026, the following assumptions must hold true:

• The value of 3 LOBELIA CLOSE has moved in line with the HPI for terraced houses in the Hinckley and Bosworth local authority area.
• The January 2024 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LOBELIA CLOSE has not materially changed since January 2024.

How Large is 3 LOBELIA CLOSE?

3 LOBELIA CLOSE is 72m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of terraced houses houses in Hinckley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hinckley, and where 3 LOBELIA CLOSE lies on this distribution: 8% of terraced houses houses are smaller than 3 LOBELIA CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

3 LOBELIA CLOSE: Plot and Title Map

3 LOBELIA CLOSE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 3 LOBELIA 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 LOBELIA 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 LOBELIA CLOSE?

3 LOBELIA CLOSE is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 3 on LOBELIA CLOSE.