2, GRANGE CLOSE, RATBY, LEICESTER, LE6 0NR - £310,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 GRANGE CLOSE is a small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £310,000 in September 2023, which was around 22% below the average September 2023 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was B.

2 GRANGE CLOSE Sold Prices

Land registry data shows three sales for 2 GRANGE 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 2 GRANGE 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
2023 14 SEP	£310,000	£398,223	22% below HPI
2017 1 DEC	£220,000	£295,990	26% below HPI
2015 17 DEC	£155,500	£254,887	39% below HPI

2 GRANGE 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 2 GRANGE CLOSE sales between December 2015 and September 2023 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 2017 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2023 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 2 GRANGE CLOSE?

2 GRANGE CLOSE is 78m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of detached houses in Ratby, based on EPC data. The below chart shows the distribution of detached houses by size in Ratby, and where 2 GRANGE CLOSE lies on this distribution: 29% of detached houses are smaller than 2 GRANGE CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Ratby.

2 GRANGE CLOSE: Plot and Title Map

2 GRANGE CLOSE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 2 GRANGE 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 GRANGE 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 GRANGE CLOSE?

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