1, DERWENT CLOSE, EARL SHILTON, LEICESTER, LE9 7GN - £285,000

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 DERWENT CLOSE is a small extended detached house of 86m², built sometime between 1983 and 1990, which could now be worth an estimated £300,817. It was last sold for £285,000 in February 2022, which was around 21% below the average February 2022 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

1 DERWENT CLOSE Sold Prices

Land registry data shows two sales for 1 DERWENT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 1 DERWENT 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
2022 25 FEB	£285,000	£361,011	21% below HPI
2018 23 FEB	£198,000	£281,130	30% below HPI

1 DERWENT 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 two 1 DERWENT CLOSE sales from February 2018 and February 2022 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 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 1 DERWENT CLOSE be worth now?

1 DERWENT CLOSE might now be worth an estimated £300,817.

This is based on house price inflation of 5.5%, between February 2022 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 5.5% inflationary increase is applied to the most recent sale price for 1 DERWENT CLOSE of £285,000 on 25th February 2022. For the value to have increased from £285,000 to £300,817 over the three years to February 2025, the following assumptions must hold true:

• The value of 1 DERWENT CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The February 2022 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 1 DERWENT CLOSE has not materially changed since February 2022.

How Large is 1 DERWENT CLOSE?

1 DERWENT CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 30% of detached houses houses in Earl Shilton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Earl Shilton, and where 1 DERWENT CLOSE lies on this distribution: 22% of detached houses houses are smaller than 1 DERWENT CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Earl Shilton.

1 DERWENT CLOSE: Plot and Title Map

1 DERWENT CLOSE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 1 DERWENT 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 DERWENT 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 DERWENT CLOSE?

1 DERWENT CLOSE is located in EARL SHILTON, in the LE9 postcode district. The below map shows the position of No. 1 on DERWENT CLOSE.