4, VILIA CLOSE, BURBAGE, HINCKLEY, LE10 2EX - £530,000

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 VILIA CLOSE is a very large detached house of 161m², built sometime between 1983 and 1990, which could now be worth an estimated £543,443. It was last sold for £530,000 in February 2023, which was around 42% above the average February 2023 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

4 VILIA CLOSE Sold Prices

Land registry data shows two sales for 4 VILIA 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 4 VILIA 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
2023 3 FEB	£530,000	£373,645	42% above HPI
2004 30 JAN	£247,500	£175,987	41% above HPI

4 VILIA 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 4 VILIA CLOSE sales from January 2004 and February 2023 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 January 2004 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the February 2023 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 4 VILIA CLOSE be worth now?

4 VILIA CLOSE might now be worth an estimated £543,443.

This is based on house price inflation of 2.5%, between February 2023 and July 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 2.5% inflationary increase is applied to the most recent sale price for 4 VILIA CLOSE of £530,000 on 3rd February 2023. For the value to have increased from £530,000 to £543,443 over the two years and seven months to July 2026, the following assumptions must hold true:

• The value of 4 VILIA CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The February 2023 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 4 VILIA CLOSE has not materially changed since February 2023.

How Large is 4 VILIA CLOSE?

4 VILIA CLOSE is 161m² according to the EPC inspection conducted in August 2022. This puts it in the largest 20% 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 VILIA CLOSE lies on this distribution: 85% of detached houses houses are smaller than 4 VILIA CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

4 VILIA CLOSE: Plot and Title Map

4 VILIA CLOSE sits on a plot of roughly 0.152 of an acre, or 617m². The below map shows the location of 4 VILIA 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 VILIA 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 VILIA CLOSE?

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