2, PRESTON CLOSE, RATBY, LEICESTER, LE6 0HX - £229,000

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 PRESTON CLOSE is a large extended detached house of 109m², built sometime between 1996 and 2002. It was last sold for £229,000 in December 2013, which was around 3% above the average December 2013 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

2 PRESTON CLOSE Sold Prices

Land registry data shows two sales for 2 PRESTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. One of the two 2 PRESTON CLOSE sales was for above the average price, whilst the other was 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
2013 13 DEC	£229,000	£221,914	3% above HPI
2005 20 JUN	£194,000	£220,035	12% below HPI

2 PRESTON 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 two 2 PRESTON CLOSE sales from June 2005 and December 2013 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 June 2005 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2013 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 2 PRESTON CLOSE?

2 PRESTON CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the largest 40% 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 PRESTON CLOSE lies on this distribution: 61% of detached houses are smaller than 2 PRESTON CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Ratby.

2 PRESTON CLOSE: Plot and Title Map

2 PRESTON CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 2 PRESTON 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 PRESTON 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 PRESTON CLOSE?

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