3, FRESWICK CLOSE, HINCKLEY, LE10 0RW - £390,000

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.

3 FRESWICK CLOSE is a very small extended detached house of 84m², built sometime between 2003 and 2006, which could now be worth an estimated £382,249. It was last sold for £390,000 in August 2022, which was about the average August 2022 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

3 FRESWICK CLOSE Sold Prices

Land registry data shows two sales for 3 FRESWICK 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 3 FRESWICK CLOSE sales was roughly equal to the average price, whilst the other was 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 3 AUG	£390,000	£388,774	Close to HPI
2002 3 MAY	£138,500	£130,912	6% above HPI

3 FRESWICK 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 3 FRESWICK CLOSE sales from May 2002 and August 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 May 2002 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2022 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 3 FRESWICK CLOSE be worth now?

3 FRESWICK CLOSE might now be worth an estimated £382,249.

This is based on house price deflation of 2%, between August 2022 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 2% deflationary decrease is applied to the most recent sale price for 3 FRESWICK CLOSE of £390,000 on 3rd August 2022. For the value to have decreased from £390,000 to £382,249 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 3 FRESWICK CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The August 2022 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FRESWICK CLOSE has not materially changed since August 2022.

How Large is 3 FRESWICK CLOSE?

3 FRESWICK CLOSE is 84m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% 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 3 FRESWICK CLOSE lies on this distribution: 18% of detached houses houses are smaller than 3 FRESWICK CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

3 FRESWICK CLOSE: Plot and Title Map

3 FRESWICK CLOSE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 3 FRESWICK 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 3 FRESWICK 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 3 FRESWICK CLOSE?

3 FRESWICK CLOSE is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 3 on FRESWICK CLOSE.