2, HOLLY CLOSE, BURBAGE, HINCKLEY, LE10 2JS - £295,000

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 HOLLY CLOSE is a small detached house of 89m², built sometime between 1983 and 1990, which could now be worth an estimated £379,172. It was last sold for £295,000 in June 2019, which was around 1% below the average June 2019 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

2 HOLLY CLOSE Sold Prices

Land registry data shows three sales for 2 HOLLY 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 HOLLY 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
2019 17 JUN	£295,000	£297,047	1% below HPI
2017 25 SEP	£262,500	£280,300	6% below HPI
2014 24 JAN	£195,000	£212,336	8% below HPI

2 HOLLY 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 HOLLY CLOSE sales between January 2014 and June 2019 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 September 2017 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2019 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 2 HOLLY CLOSE be worth now?

2 HOLLY CLOSE might now be worth an estimated £379,172.

This is based on house price inflation of 28.5%, between June 2019 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 28.5% inflationary increase is applied to the most recent sale price for 2 HOLLY CLOSE of £295,000 on 17th June 2019. For the value to have increased from £295,000 to £379,172 over the four years and six months to December 2024, the following assumptions must hold true:

• The value of 2 HOLLY CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The June 2019 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HOLLY CLOSE has not materially changed since June 2019.

How Large is 2 HOLLY CLOSE?

2 HOLLY CLOSE is 89m² according to the EPC inspection conducted in November 2013. 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 2 HOLLY CLOSE lies on this distribution: 24% of detached houses houses are smaller than 2 HOLLY CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

2 HOLLY CLOSE: Plot and Title Map

2 HOLLY CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 2 HOLLY 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 HOLLY 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 HOLLY CLOSE?

2 HOLLY CLOSE is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 2 on HOLLY CLOSE.