28, RIETH CLOSE, HINCKLEY, LE10 0YR - £280,000

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.

28 RIETH CLOSE is a small semi-detached house of 89m², which could now be worth an estimated £283,808. It was last sold for £280,000 in October 2022, which was around 12% above the average October 2022 semi-detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was B.

28 RIETH CLOSE Sold Prices

Land registry data shows two sales for 28 RIETH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 28 RIETH CLOSE sales were for above 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
2022 14 OCT	£280,000	£249,880	12% above HPI
2017 24 NOV	£232,495	£177,774	31% above HPI

28 RIETH CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The two 28 RIETH CLOSE sales from November 2017 and October 2022 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 2017 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the October 2022 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 28 RIETH CLOSE be worth now?

28 RIETH CLOSE might now be worth an estimated £283,808.

This is based on house price inflation of 1.4%, between October 2022 and March 2025, for semi-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 1.4% inflationary increase is applied to the most recent sale price for 28 RIETH CLOSE of £280,000 on 14th October 2022. For the value to have increased from £280,000 to £283,808 over the three years and seven months to March 2025, the following assumptions must hold true:

• The value of 28 RIETH CLOSE has moved in line with the HPI for semi-detached houses in the Hinckley and Bosworth local authority area.
• The October 2022 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 28 RIETH CLOSE has not materially changed since October 2022.

How Large is 28 RIETH CLOSE?

28 RIETH CLOSE is 89m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 30% of semi-detached houses houses in Hinckley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hinckley, and where 28 RIETH CLOSE lies on this distribution: 24% of semi-detached houses houses are smaller than 28 RIETH CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

28 RIETH CLOSE: Plot and Title Map

28 RIETH CLOSE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 28 RIETH 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 28 RIETH 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 28 RIETH CLOSE?

28 RIETH CLOSE is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 28 on RIETH CLOSE.