15, LIBRARY CLOSE, BURBAGE, HINCKLEY, LE10 2EP - £275,000

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.

15 LIBRARY CLOSE is a very large detached house of 153m², built sometime between 1996 and 2002, which could now be worth an estimated £505,814. It was last sold for £275,000 in June 2012, which was around 33% above the average June 2012 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

15 LIBRARY CLOSE Sold Prices

Land registry data shows two sales for 15 LIBRARY 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 15 LIBRARY CLOSE sales were for above 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
2012 19 JUN	£275,000	£207,167	33% above HPI
2002 17 MAY	£230,000	£130,912	76% above HPI

15 LIBRARY 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 15 LIBRARY CLOSE sales from May 2002 and June 2012 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 May 2002 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the June 2012 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 15 LIBRARY CLOSE be worth now?

15 LIBRARY CLOSE might now be worth an estimated £505,814.

This is based on house price inflation of 83.9%, between June 2012 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 83.9% inflationary increase is applied to the most recent sale price for 15 LIBRARY CLOSE of £275,000 on 19th June 2012. For the value to have increased from £275,000 to £505,814 over the thirteen years and four months to February 2025, the following assumptions must hold true:

• The value of 15 LIBRARY CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The June 2012 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 15 LIBRARY CLOSE has not materially changed since June 2012.

How Large is 15 LIBRARY CLOSE?

15 LIBRARY CLOSE is 153m² according to the EPC inspection conducted in March 2011. This puts it in the largest 20% 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 15 LIBRARY CLOSE lies on this distribution: 82% of detached houses houses are smaller than 15 LIBRARY CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

15 LIBRARY CLOSE: Plot and Title Map

15 LIBRARY CLOSE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 15 LIBRARY 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 15 LIBRARY 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 15 LIBRARY CLOSE?

15 LIBRARY CLOSE is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 15 on LIBRARY CLOSE.