116, MAIN STREET, RATBY, LEICESTER, LE6 0LL - £162,000

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.

116 MAIN STREET is a small detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £302,837. It was last sold for £162,000 in April 2011, which was around 21% below the average April 2011 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

116 MAIN STREET Sold Prices

Land registry data shows two sales for 116 MAIN STREET 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 116 MAIN STREET 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
2011 18 APR	£162,000	£203,838	21% below HPI
1998 23 OCT	£64,450	£86,378	25% below HPI

116 MAIN STREET 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 116 MAIN STREET sales from October 1998 and April 2011 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 October 1998 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2011 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 116 MAIN STREET be worth now?

116 MAIN STREET might now be worth an estimated £302,837.

This is based on house price inflation of 86.9%, between April 2011 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 86.9% inflationary increase is applied to the most recent sale price for 116 MAIN STREET of £162,000 on 18th April 2011. For the value to have increased from £162,000 to £302,837 over the fourteen years and two months to February 2025, the following assumptions must hold true:

• The value of 116 MAIN STREET has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The April 2011 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 116 MAIN STREET has not materially changed since April 2011.

How Large is 116 MAIN STREET?

116 MAIN STREET is 81m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 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 116 MAIN STREET lies on this distribution: 34% of detached houses houses are smaller than 116 MAIN STREET, and 66% of houses are larger. Note that EPC data is not available for all properties in Ratby.

116 MAIN STREET: Plot and Title Map

116 MAIN STREET sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 116 MAIN STREET, 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 116 MAIN STREET). 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 116 MAIN STREET?

116 MAIN STREET is located in RATBY, in the LE6 postcode district. The below map shows the position of No. 116 on MAIN STREET.