1, COTTAGE CLOSE, RATBY, LEICESTER, LE6 0XY - £303,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 COTTAGE CLOSE is a large extended detached house of 116m², built sometime between 1983 and 1990. It was last sold for £303,000 in February 2023, which was around 23% below the average February 2023 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

1 COTTAGE CLOSE Sold Prices

Land registry data shows four sales for 1 COTTAGE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the four 1 COTTAGE 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
2023 3 FEB	£303,000	£393,129	23% below HPI
2014 2 DEC	£210,000	£239,343	12% below HPI
2004 2 JUN	£175,000	£196,724	11% below HPI
2000 15 SEP	£100,000	£109,838	9% below HPI

1 COTTAGE 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 four 1 COTTAGE CLOSE sales between September 2000 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 December 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 1 COTTAGE CLOSE?

1 COTTAGE CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 40% of detached houses in Ratby, based on EPC data. The below chart shows the distribution of detached houses by size in Ratby, and where 1 COTTAGE CLOSE lies on this distribution: 66% of detached houses are smaller than 1 COTTAGE CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Ratby.

1 COTTAGE CLOSE: Plot and Title Map

1 COTTAGE CLOSE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 1 COTTAGE 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 1 COTTAGE 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 1 COTTAGE CLOSE?

1 COTTAGE CLOSE is located in RATBY, in the LE6 postcode district. The below map shows the position of No. 1 on COTTAGE CLOSE.