18, SCHOOL CLOSE, BURBAGE, HINCKLEY, LE10 2FE - £224,950

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 SCHOOL CLOSE is a small detached house of 96m², built sometime between 1950 and 1966, which could now be worth an estimated £436,808. It was last sold for £224,950 in August 2004, which was around 15% above the average August 2004 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

18 SCHOOL CLOSE Sold Prices

Land registry data shows three sales for 18 SCHOOL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the three 18 SCHOOL 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
2004 20 AUG	£224,950	£196,234	15% above HPI
2002 2 DEC	£176,500	£156,889	12% above HPI
1997 5 SEP	£90,000	£79,905	13% above HPI

18 SCHOOL 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 three 18 SCHOOL CLOSE sales between September 1997 and August 2004 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 December 2002 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2004 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 18 SCHOOL CLOSE be worth now?

18 SCHOOL CLOSE might now be worth an estimated £436,808.

This is based on house price inflation of 94.2%, between August 2004 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 94.2% inflationary increase is applied to the most recent sale price for 18 SCHOOL CLOSE of £224,950 on 20th August 2004. For the value to have increased from £224,950 to £436,808 over the 21 years and six months to February 2025, the following assumptions must hold true:

• The value of 18 SCHOOL CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The August 2004 sale price of £224,950 represented a fair market value for the property.
• The size, condition, and specification of 18 SCHOOL CLOSE has not materially changed since August 2004.

How Large is 18 SCHOOL CLOSE?

18 SCHOOL CLOSE is 96m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 40% 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 SCHOOL CLOSE lies on this distribution: 33% of detached houses houses are smaller than 18 SCHOOL CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

18 SCHOOL CLOSE: Plot and Title Map

18 SCHOOL CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 18 SCHOOL 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 SCHOOL 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 SCHOOL CLOSE?

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