18, NORWOOD CLOSE, HINCKLEY, LE10 1TS - £385,000

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.

18 NORWOOD CLOSE is a midsized detached house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £416,201. It was last sold for £385,000 in November 2021, which was around 9% above the average November 2021 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

18 NORWOOD CLOSE Sold Prices

Land registry data shows two sales for 18 NORWOOD 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 18 NORWOOD CLOSE sales was for above the average price, whilst the other was 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
2021 4 NOV	£385,000	£354,746	9% above HPI
2007 29 JUN	£185,000	£219,759	16% below HPI

18 NORWOOD 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 NORWOOD CLOSE sales from June 2007 and November 2021 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 June 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2021 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 18 NORWOOD CLOSE be worth now?

18 NORWOOD CLOSE might now be worth an estimated £416,201.

This is based on house price inflation of 8.1%, between November 2021 and March 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 8.1% inflationary increase is applied to the most recent sale price for 18 NORWOOD CLOSE of £385,000 on 4th November 2021. For the value to have increased from £385,000 to £416,201 over the four years and eight months to March 2025, the following assumptions must hold true:

• The value of 18 NORWOOD CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The November 2021 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 18 NORWOOD CLOSE has not materially changed since November 2021.

How Large is 18 NORWOOD CLOSE?

18 NORWOOD CLOSE is 104m² according to the EPC inspection conducted in April 2014. 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 18 NORWOOD CLOSE lies on this distribution: 42% of detached houses houses are smaller than 18 NORWOOD CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

18 NORWOOD CLOSE: Plot and Title Map

18 NORWOOD CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 18 NORWOOD 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 NORWOOD 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 NORWOOD CLOSE?

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