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

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 PEAR TREE CLOSE is a small detached house of 88m², built sometime between 1983 and 1990. It was last sold for £225,000 in April 2020, which was around 28% 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	£312,976	28% below HPI
2006 14 JUL	£140,000	£228,141	39% below HPI
1999 26 NOV	£67,500	£101,009	33% below HPI
1995 27 JAN	£52,500	£55,739	6% 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 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the April 2020 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

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 in Barwell, based on EPC data. The below chart shows the distribution of detached houses by size in Barwell, and where 2 PEAR TREE CLOSE lies on this distribution: 35% of detached 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.