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

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.

1 COTTAGE CLOSE is a large extended detached house of 116m², built sometime between 1983 and 1990, which could now be worth an estimated £309,003. It was last sold for £303,000 in February 2023, which was around 19% 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	£373,645	19% below HPI
2014 2 DEC	£210,000	£227,481	8% below HPI
2004 2 JUN	£175,000	£186,974	6% below HPI
2000 15 SEP	£100,000	£104,394	4% 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 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2023 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 1 COTTAGE CLOSE be worth now?

1 COTTAGE CLOSE might now be worth an estimated £309,003.

This is based on house price inflation of 2%, between February 2023 and February 2025, for detached 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 2% inflationary increase is applied to the most recent sale price for 1 COTTAGE CLOSE of £303,000 on 3rd February 2023. For the value to have increased from £303,000 to £309,003 over the two years to February 2025, the following assumptions must hold true:

• The value of 1 COTTAGE CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The February 2023 sale price of £303,000 represented a fair market value for the property.
• The size, condition, and specification of 1 COTTAGE CLOSE has not materially changed since February 2023.

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 houses in Ratby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ratby, and where 1 COTTAGE CLOSE lies on this distribution: 67% of detached houses houses are smaller than 1 COTTAGE CLOSE, and 32% 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.