2, PARK CLOSE, BURBAGE, HINCKLEY, LE10 2FS - £260,000

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.

2 PARK CLOSE is a midsized terraced house of 79m², built in 2021, which could now be worth an estimated £281,532. It was last sold for £260,000 in February 2022, which was around 40% above the average February 2022 terraced price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was December 2021, where the current energy rating was B, and the potential energy rating was A.

2 PARK CLOSE Sold Prices

Land registry data shows one sale for 2 PARK CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Hinckley and Bosworth local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 1 FEB	£260,000	£185,886	40% above HPI

What might 2 PARK CLOSE be worth now?

2 PARK CLOSE might now be worth an estimated £281,532.

This is based on house price inflation of 8.3%, between February 2022 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 8.3% inflationary increase is applied to the most recent sale price for 2 PARK CLOSE of £260,000 on 1st February 2022. For the value to have increased from £260,000 to £281,532 over the three years and nine months to May 2026, the following assumptions must hold true:

• The value of 2 PARK CLOSE has moved in line with the HPI for terraced houses in the Hinckley and Bosworth local authority area.
• The February 2022 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PARK CLOSE has not materially changed since February 2022.

How Large is 2 PARK CLOSE?

2 PARK CLOSE is 79m² according to the EPC inspection conducted in December 2021. This puts it in the largest 50% of terraced houses in Hinckley, based on EPC data. The below chart shows the distribution of terraced houses by size in Hinckley, and where 2 PARK CLOSE lies on this distribution: 53% of terraced houses are smaller than 2 PARK CLOSE, and 44% of terraced houses are larger. Note that EPC data is not available for all properties in Hinckley.

2 PARK CLOSE: Plot

2 PARK CLOSE sits on a plot of roughly 0.031 of an acre, or 125m².

Where is 2 PARK CLOSE?

2 PARK CLOSE is located in BURBAGE, in the LE10 postcode district.