2, PEAR TREE CLOSE, BARWELL, LEICESTER, LE9 8LN - £225,000

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.

2 PEAR TREE CLOSE is a small detached house of 88m², built sometime between 1983 and 1990, which could now be worth an estimated £288,221. It was last sold for £225,000 in April 2020, which was around 24% below the average April 2020 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

2 PEAR TREE CLOSE Sold Prices

Land registry data shows four sales for 2 PEAR TREE 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 PEAR TREE 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
2020 9 APR	£225,000	£297,465	24% below HPI
2006 14 JUL	£140,000	£216,834	35% below HPI
1999 26 NOV	£67,500	£96,003	30% below HPI
1995 27 JAN	£52,500	£52,976	1% below HPI

2 PEAR TREE 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 PEAR TREE CLOSE sales between January 1995 and April 2020 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 July 2006 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2020 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 2 PEAR TREE CLOSE be worth now?

2 PEAR TREE CLOSE might now be worth an estimated £288,221.

This is based on house price inflation of 28.1%, between April 2020 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 28.1% inflationary increase is applied to the most recent sale price for 2 PEAR TREE CLOSE of £225,000 on 9th April 2020. For the value to have increased from £225,000 to £288,221 over the five years and two months to February 2025, the following assumptions must hold true:

• The value of 2 PEAR TREE CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The April 2020 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PEAR TREE CLOSE has not materially changed since April 2020.

How Large is 2 PEAR TREE CLOSE?

2 PEAR TREE CLOSE is 88m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 40% of detached houses houses in Barwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barwell, and where 2 PEAR TREE CLOSE lies on this distribution: 34% of detached houses houses are smaller than 2 PEAR TREE CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Barwell.

2 PEAR TREE CLOSE: Plot and Title Map

2 PEAR TREE CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 2 PEAR TREE 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 PEAR TREE 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 PEAR TREE CLOSE?

2 PEAR TREE CLOSE is located in BARWELL, in the LE9 postcode district. The below map shows the position of No. 2 on PEAR TREE CLOSE.