1, RUBY CLOSE, BURBAGE, HINCKLEY, LE10 2PG - £237,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 RUBY CLOSE is a midsized detached house of 105m², which could now be worth an estimated £337,228. It was last sold for £237,000 in May 2017, which was around 12% below the average May 2017 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was February 2015, where the current energy rating was B, and the potential energy rating was A.

1 RUBY CLOSE Sold Prices

Land registry data shows two sales for 1 RUBY 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. One of the two 1 RUBY CLOSE sales was for below the average price, whilst the other was roughly equal to 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
2017 5 MAY	£237,000	£268,327	12% below HPI
2015 20 FEB	£230,000	£229,190	Close to HPI

1 RUBY 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 RUBY CLOSE sales from February 2015 and May 2017 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 2015 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2017 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1 RUBY CLOSE be worth now?

1 RUBY CLOSE might now be worth an estimated £337,228.

This is based on house price inflation of 42.3%, between May 2017 and December 2024, 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 42.3% inflationary increase is applied to the most recent sale price for 1 RUBY CLOSE of £237,000 on 5th May 2017. For the value to have increased from £237,000 to £337,228 over the six years and five months to December 2024, the following assumptions must hold true:

• The value of 1 RUBY CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The May 2017 sale price of £237,000 represented a fair market value for the property.
• The size, condition, and specification of 1 RUBY CLOSE has not materially changed since May 2017.

How Large is 1 RUBY CLOSE?

1 RUBY CLOSE is 105m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 50% of detached houses houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hinckley, and where 1 RUBY CLOSE lies on this distribution: 43% of detached houses houses are smaller than 1 RUBY CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

1 RUBY CLOSE: Plot and Title Map

1 RUBY CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 1 RUBY 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 RUBY 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 RUBY CLOSE?

1 RUBY CLOSE is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 1 on RUBY CLOSE.