3, RALEIGH CLOSE, HINCKLEY, LE10 1RX - £287,500

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 RALEIGH CLOSE is a midsized extended detached house of 103m², built sometime between 1983 and 1990, which could now be worth an estimated £370,099. It was last sold for £287,500 in June 2020, which was around 3% below the average June 2020 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

3 RALEIGH CLOSE Sold Prices

Land registry data shows three sales for 3 RALEIGH 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. Two of the three 3 RALEIGH CLOSE sales were for below the average price, whilst one 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 19 JUN	£287,500	£297,906	3% below HPI
2015 29 JAN	£225,000	£228,076	1% below HPI
2006 12 MAY	£224,000	£218,092	3% above HPI

3 RALEIGH 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 3 RALEIGH CLOSE sales between May 2006 and June 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 January 2015 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2020 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 3 RALEIGH CLOSE be worth now?

3 RALEIGH CLOSE might now be worth an estimated £370,099.

This is based on house price inflation of 28.7%, between June 2020 and March 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 28.7% inflationary increase is applied to the most recent sale price for 3 RALEIGH CLOSE of £287,500 on 19th June 2020. For the value to have increased from £287,500 to £370,099 over the five years and three months to March 2025, the following assumptions must hold true:

• The value of 3 RALEIGH CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The June 2020 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of 3 RALEIGH CLOSE has not materially changed since June 2020.

How Large is 3 RALEIGH CLOSE?

3 RALEIGH CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the smallest 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 RALEIGH CLOSE lies on this distribution: 41% of detached houses houses are smaller than 3 RALEIGH CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

3 RALEIGH CLOSE: Plot and Title Map

3 RALEIGH CLOSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 3 RALEIGH 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 RALEIGH 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 RALEIGH CLOSE?

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