4, SCHOOL CLOSE, BURBAGE, HINCKLEY, LE10 2FE - £228,000

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.

4 SCHOOL CLOSE is a midsized extended detached house of 106m², built sometime between 1996 and 2002, which could now be worth an estimated £388,273. It was last sold for £228,000 in June 2015, which was around 1% below the average June 2015 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

4 SCHOOL CLOSE Sold Prices

Land registry data shows three sales for 4 SCHOOL 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 4 SCHOOL CLOSE sales were for below the average price, whilst one 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
2015 3 JUN	£228,000	£230,251	1% below HPI
1998 13 NOV	£94,500	£84,802	11% above HPI
1997 16 JAN	£55,950	£74,672	25% below HPI

4 SCHOOL 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 4 SCHOOL CLOSE sales between January 1997 and June 2015 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 November 1998 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2015 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 4 SCHOOL CLOSE be worth now?

4 SCHOOL CLOSE might now be worth an estimated £388,273.

This is based on house price inflation of 70.3%, between June 2015 and April 2026, 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 70.3% inflationary increase is applied to the most recent sale price for 4 SCHOOL CLOSE of £228,000 on 3rd June 2015. For the value to have increased from £228,000 to £388,273 over the eleven years and two months to April 2026, the following assumptions must hold true:

• The value of 4 SCHOOL CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The June 2015 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SCHOOL CLOSE has not materially changed since June 2015.

How Large is 4 SCHOOL CLOSE?

4 SCHOOL CLOSE is 106m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 50% of detached houses houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hinckley, and where 4 SCHOOL CLOSE lies on this distribution: 44% of detached houses houses are smaller than 4 SCHOOL CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

4 SCHOOL CLOSE: Plot and Title Map

4 SCHOOL CLOSE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 4 SCHOOL 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 4 SCHOOL 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 4 SCHOOL CLOSE?

4 SCHOOL CLOSE is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 4 on SCHOOL CLOSE.