18, LOVETTS CLOSE, HINCKLEY, LE10 0YH - £248,250

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.

18 LOVETTS CLOSE is a small extended detached house of 89m², built sometime between 1991 and 1995, which could now be worth an estimated £324,186. It was last sold for £248,250 in August 2018, which was around 15% below the average August 2018 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

18 LOVETTS CLOSE Sold Prices

Land registry data shows two sales for 18 LOVETTS 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 18 LOVETTS 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
2018 24 AUG	£248,250	£291,792	15% below HPI
1997 25 JUL	£67,250	£78,287	14% below HPI

18 LOVETTS 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 18 LOVETTS CLOSE sales from July 1997 and August 2018 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 July 1997 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2018 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 18 LOVETTS CLOSE be worth now?

18 LOVETTS CLOSE might now be worth an estimated £324,186.

This is based on house price inflation of 30.6%, between August 2018 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 30.6% inflationary increase is applied to the most recent sale price for 18 LOVETTS CLOSE of £248,250 on 24th August 2018. For the value to have increased from £248,250 to £324,186 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 18 LOVETTS CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The August 2018 sale price of £248,250 represented a fair market value for the property.
• The size, condition, and specification of 18 LOVETTS CLOSE has not materially changed since August 2018.

How Large is 18 LOVETTS CLOSE?

18 LOVETTS CLOSE is 89m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the smallest 30% 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 18 LOVETTS CLOSE lies on this distribution: 24% of detached houses houses are smaller than 18 LOVETTS CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

18 LOVETTS CLOSE: Plot and Title Map

18 LOVETTS CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 18 LOVETTS 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 18 LOVETTS 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 18 LOVETTS CLOSE?

18 LOVETTS CLOSE is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 18 on LOVETTS CLOSE.