1, BARS HILL, COSTOCK, LOUGHBOROUGH, LE12 6XY - £427,500

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.

1 BARS HILL is a midsized extended detached house of 152m², built sometime between 1996 and 2002, which could now be worth an estimated £518,737. It was last sold for £427,500 in March 2021, which was around 2% above the average March 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

1 BARS HILL Sold Prices

Land registry data shows five sales for 1 BARS HILL since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Most of the five 1 BARS HILL 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
2021 12 MAR	£427,500	£417,182	2% above HPI
2018 16 FEB	£387,000	£360,561	7% above HPI
2010 6 AUG	£275,000	£277,340	1% below HPI
2002 8 APR	£195,000	£172,950	13% above HPI
1997 30 APR	£155,000	£95,307	63% above HPI

1 BARS HILL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The five 1 BARS HILL sales between April 1997 and March 2021 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 February 2018 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2021 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 1 BARS HILL be worth now?

1 BARS HILL might now be worth an estimated £518,737.

This is based on house price inflation of 21.3%, between March 2021 and March 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.3% inflationary increase is applied to the most recent sale price for 1 BARS HILL of £427,500 on 12th March 2021. For the value to have increased from £427,500 to £518,737 over the four years to March 2025, the following assumptions must hold true:

• The value of 1 BARS HILL has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The March 2021 sale price of £427,500 represented a fair market value for the property.
• The size, condition, and specification of 1 BARS HILL has not materially changed since March 2021.

How Large is 1 BARS HILL?

1 BARS HILL is 152m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 50% of detached houses houses in Costock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Costock, and where 1 BARS HILL lies on this distribution: 48% of detached houses houses are smaller than 1 BARS HILL, and 50% of houses are larger. Note that EPC data is not available for all properties in Costock.

1 BARS HILL: Plot and Title Map

1 BARS HILL sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 1 BARS HILL, 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 1 BARS HILL). 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 1 BARS HILL?

1 BARS HILL is located in COSTOCK, in the LE12 postcode district. The below map shows the position of No. 1 on BARS HILL.