3, PINE TREE CLOSE, NEWBOLD VERDON, LEICESTER, LE9 9PW - £415,000

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 PINE TREE CLOSE is a large extended detached house of 141m², built sometime between 1983 and 1990, which could now be worth an estimated £438,211. It was last sold for £415,000 in May 2024, which was around 15% above the average May 2024 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was C.

3 PINE TREE CLOSE Sold Prices

Land registry data shows three sales for 3 PINE TREE 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. Two of the three 3 PINE TREE CLOSE sales were for above the average price, whilst one was 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
2024 3 MAY	£415,000	£360,864	15% above HPI
1998 22 MAY	£115,000	£80,467	43% above HPI
1996 22 AUG	£35,000	£73,392	52% below HPI

3 PINE TREE 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 3 PINE TREE CLOSE sales between August 1996 and May 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 May 1998 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the May 2024 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 3 PINE TREE CLOSE be worth now?

3 PINE TREE CLOSE might now be worth an estimated £438,211.

This is based on house price inflation of 5.6%, between May 2024 and February 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 5.6% inflationary increase is applied to the most recent sale price for 3 PINE TREE CLOSE of £415,000 on 3rd May 2024. For the value to have increased from £415,000 to £438,211 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 3 PINE TREE CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The May 2024 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PINE TREE CLOSE has not materially changed since May 2024.

How Large is 3 PINE TREE CLOSE?

3 PINE TREE CLOSE is 141m², which includes two extensions, according to the EPC inspection conducted in August 2023. This puts it in the largest 30% of detached houses houses in Newbold Verdon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newbold Verdon, and where 3 PINE TREE CLOSE lies on this distribution: 72% of detached houses houses are smaller than 3 PINE TREE CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Newbold Verdon.

3 PINE TREE CLOSE: Plot and Title Map

3 PINE TREE CLOSE sits on a plot of roughly 0.161 of an acre, or 651m². The below map shows the location of 3 PINE TREE 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 PINE TREE 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 PINE TREE CLOSE?

3 PINE TREE CLOSE is located in NEWBOLD VERDON, in the LE9 postcode district. The below map shows the position of No. 3 on PINE TREE CLOSE.