6, OAK CLOSE, BURBAGE, HINCKLEY, LE10 2JX - £146,500

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.

6 OAK CLOSE is a very small terraced house of 42m², built sometime between 1983 and 1990, which could now be worth an estimated £155,384. It was last sold for £146,500 in April 2024, which was around 23% below the average April 2024 terraced price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

6 OAK CLOSE Sold Prices

Land registry data shows two sales for 6 OAK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 6 OAK CLOSE sales were 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 25 APR	£146,500	£189,772	23% below HPI
2011 6 JAN	£67,000	£104,863	36% below HPI

6 OAK 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 two 6 OAK CLOSE sales from January 2011 and April 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 January 2011 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the April 2024 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 6 OAK CLOSE be worth now?

6 OAK CLOSE might now be worth an estimated £155,384.

This is based on house price inflation of 6.1%, between April 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 6.1% inflationary increase is applied to the most recent sale price for 6 OAK CLOSE of £146,500 on 25th April 2024. For the value to have increased from £146,500 to £155,384 over the one year and eleven months to May 2026, the following assumptions must hold true:

• The value of 6 OAK CLOSE has moved in line with the HPI for terraced houses in the Hinckley and Bosworth local authority area.
• The April 2024 sale price of £146,500 represented a fair market value for the property.
• The size, condition, and specification of 6 OAK CLOSE has not materially changed since April 2024.

How Large is 6 OAK CLOSE?

6 OAK CLOSE is 42m² according to the EPC inspection conducted in January 2024. 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 6 OAK CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 6 OAK CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

6 OAK CLOSE: Plot and Title Map

6 OAK CLOSE sits on a plot of roughly 0.033 of an acre, or 135m². The below map shows the location of 6 OAK 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 6 OAK 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 6 OAK CLOSE?

6 OAK CLOSE is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 6 on OAK CLOSE.