2, RUSSETT CLOSE, BARWELL, LEICESTER, LE9 8HZ - £170,000

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 RUSSETT CLOSE is a small detached house of 82m², built sometime between 2003 and 2006, which could now be worth an estimated £214,266. It was last sold for £170,000 in September 2019, which was around 44% below the average September 2019 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

2 RUSSETT CLOSE Sold Prices

Land registry data shows two sales for 2 RUSSETT 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. Both of the two 2 RUSSETT 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 13 SEP	£170,000	£302,325	44% below HPI
2005 18 MAR	£155,350	£198,520	22% below HPI

2 RUSSETT 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 RUSSETT CLOSE sales from March 2005 and September 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 March 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2019 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 2 RUSSETT CLOSE be worth now?

2 RUSSETT CLOSE might now be worth an estimated £214,266.

This is based on house price inflation of 26%, between September 2019 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 26% inflationary increase is applied to the most recent sale price for 2 RUSSETT CLOSE of £170,000 on 13th September 2019. For the value to have increased from £170,000 to £214,266 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 RUSSETT CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The September 2019 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RUSSETT CLOSE has not materially changed since September 2019.

How Large is 2 RUSSETT CLOSE?

2 RUSSETT CLOSE is 82m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 30% 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 RUSSETT CLOSE lies on this distribution: 26% of detached houses houses are smaller than 2 RUSSETT CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Barwell.

2 RUSSETT CLOSE: Plot and Title Map

2 RUSSETT CLOSE sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 2 RUSSETT 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 RUSSETT 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 RUSSETT CLOSE?

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