5, PARKFIELD CLOSE, RATBY, LEICESTER, LE6 0XA - £307,000

5 PARKFIELD CLOSE is a very large extended detached house of 135m², built sometime between 1983 and 1990. It was last sold for £307,000 in March 2020, which was around 2% below the average March 2020 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 D.

5 PARKFIELD CLOSE Sold Prices

Land registry data shows three sales for 5 PARKFIELD 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 5 PARKFIELD 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
2020 13 MAR	£307,000	£313,121	2% below HPI
2012 9 MAR	£219,950	£208,379	6% above HPI
2006 29 SEP	£205,000	£224,980	9% below HPI

5 PARKFIELD 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 5 PARKFIELD CLOSE sales between September 2006 and March 2020 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 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2020 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 5 PARKFIELD CLOSE?

5 PARKFIELD CLOSE is 135m², which includes two extensions, according to the EPC inspection conducted in July 2011. This puts it in the largest 20% of detached houses in Ratby, based on EPC data. The below chart shows the distribution of detached houses by size in Ratby, and where 5 PARKFIELD CLOSE lies on this distribution: 81% of detached houses are smaller than 5 PARKFIELD CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Ratby.

5 PARKFIELD CLOSE: Plot and Title Map

5 PARKFIELD CLOSE sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 5 PARKFIELD 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 5 PARKFIELD 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 5 PARKFIELD CLOSE?

5 PARKFIELD CLOSE is located in RATBY, in the LE6 postcode district. The below map shows the position of No. 5 on PARKFIELD CLOSE.