2, GEARY CLOSE, RATBY, LEICESTER, LE6 0SD - £270,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 GEARY CLOSE is a small detached house of 76m², built sometime between 1996 and 2002, which could now be worth an estimated £408,365. It was last sold for £270,000 in November 2016, which was around 7% above the average November 2016 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

2 GEARY CLOSE Sold Prices

Land registry data shows two sales for 2 GEARY 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 2 GEARY 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
2016 11 NOV	£270,000	£252,438	7% above HPI
2001 15 JUN	£138,950	£111,724	24% above HPI

2 GEARY 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 2 GEARY CLOSE sales from June 2001 and November 2016 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 2001 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the November 2016 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 2 GEARY CLOSE be worth now?

2 GEARY CLOSE might now be worth an estimated £408,365.

This is based on house price inflation of 51.2%, between November 2016 and December 2024, 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 51.2% inflationary increase is applied to the most recent sale price for 2 GEARY CLOSE of £270,000 on 11th November 2016. For the value to have increased from £270,000 to £408,365 over the seven years and eleven months to December 2024, the following assumptions must hold true:

• The value of 2 GEARY CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The November 2016 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GEARY CLOSE has not materially changed since November 2016.

How Large is 2 GEARY CLOSE?

2 GEARY CLOSE is 76m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% 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 2 GEARY CLOSE lies on this distribution: 26% of detached houses houses are smaller than 2 GEARY CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Ratby.

2 GEARY CLOSE: Plot and Title Map

2 GEARY CLOSE sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of 2 GEARY 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 2 GEARY 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 2 GEARY CLOSE?

2 GEARY CLOSE is located in RATBY, in the LE6 postcode district. The below map shows the position of No. 2 on GEARY CLOSE.