3, PORTER CLOSE, HINCKLEY, LE10 0YP - £308,000

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 PORTER CLOSE is a midsized detached house of 114m², which could now be worth an estimated £367,603. It was last sold for £308,000 in November 2020, which was around 4% below the average November 2020 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2016, where the current energy rating was B, and the potential energy rating was B.

3 PORTER CLOSE Sold Prices

Land registry data shows two sales for 3 PORTER 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 PORTER CLOSE sales was for below 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
2020 10 NOV	£308,000	£319,264	4% below HPI
2016 22 JUL	£275,995	£245,866	12% above HPI

3 PORTER 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 PORTER CLOSE sales from July 2016 and November 2020 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 July 2016 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the November 2020 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 3 PORTER CLOSE be worth now?

3 PORTER CLOSE might now be worth an estimated £367,603.

This is based on house price inflation of 19.4%, between November 2020 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 19.4% inflationary increase is applied to the most recent sale price for 3 PORTER CLOSE of £308,000 on 10th November 2020. For the value to have increased from £308,000 to £367,603 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 PORTER CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The November 2020 sale price of £308,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PORTER CLOSE has not materially changed since November 2020.

How Large is 3 PORTER CLOSE?

3 PORTER CLOSE is 114m² according to the EPC inspection conducted in August 2016. This puts it in the largest 50% 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 PORTER CLOSE lies on this distribution: 52% of detached houses houses are smaller than 3 PORTER CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

3 PORTER CLOSE: Plot and Title Map

3 PORTER CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 3 PORTER 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 PORTER 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 PORTER CLOSE?

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