2, LANCE CLOSE, BURBAGE, HINCKLEY, LE10 2NT - £410,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 LANCE CLOSE is a small detached house of 98m², built sometime between 1983 and 1990. It was last sold for £410,000 in October 2021, which was around 12% above the average October 2021 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

2 LANCE CLOSE Sold Prices

Land registry data shows four sales for 2 LANCE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the four 2 LANCE 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
2021 22 OCT	£410,000	£365,408	12% above HPI
2021 24 SEP	£371,500	£349,424	6% above HPI
2016 11 AUG	£290,000	£259,047	12% above HPI
2015 14 JUL	£332,500	£244,941	36% above HPI

2 LANCE 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 four 2 LANCE CLOSE sales between July 2015 and October 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 September 2021 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 2 LANCE CLOSE?

2 LANCE CLOSE is 98m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of detached houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where 2 LANCE CLOSE lies on this distribution: 35% of detached houses are smaller than 2 LANCE CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

2 LANCE CLOSE: Plot and Title Map

2 LANCE CLOSE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 2 LANCE 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 LANCE 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 LANCE CLOSE?

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