22, OAK CLOSE, BURBAGE, HINCKLEY, LE10 2JX - £205,000

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.

22 OAK CLOSE is a very small detached house of 59m², built sometime between 1976 and 1982, which could now be worth an estimated £315,984. It was last sold for £205,000 in June 2016, which was around 17% below the average June 2016 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

22 OAK CLOSE Sold Prices

Land registry data shows three sales for 22 OAK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the three 22 OAK 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
2016 10 JUN	£205,000	£247,211	17% below HPI
2005 18 NOV	£146,000	£214,276	32% below HPI
2005 1 APR	£120,000	£203,501	41% below HPI

22 OAK 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 three 22 OAK CLOSE sales between April 2005 and June 2016 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 November 2005 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2016 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 22 OAK CLOSE be worth now?

22 OAK CLOSE might now be worth an estimated £315,984.

This is based on house price inflation of 54.1%, between June 2016 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 54.1% inflationary increase is applied to the most recent sale price for 22 OAK CLOSE of £205,000 on 10th June 2016. For the value to have increased from £205,000 to £315,984 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 22 OAK CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The June 2016 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 22 OAK CLOSE has not materially changed since June 2016.

How Large is 22 OAK CLOSE?

22 OAK CLOSE is 59m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hinckley, and where 22 OAK CLOSE lies on this distribution: 2% of detached houses houses are smaller than 22 OAK CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

22 OAK CLOSE: Plot and Title Map

22 OAK CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 22 OAK 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 22 OAK 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 22 OAK CLOSE?

22 OAK CLOSE is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 22 on OAK CLOSE.