4, SURREY CLOSE, BURBAGE, HINCKLEY, LE10 2NY - £435,000

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.

4 SURREY CLOSE is a large detached house of 128m², built sometime between 1991 and 1995, which could now be worth an estimated £516,920. It was last sold for £435,000 in February 2021, which was around 36% above the average February 2021 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

4 SURREY CLOSE Sold Prices

Land registry data shows two sales for 4 SURREY 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. Both of the two 4 SURREY 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
2021 8 FEB	£435,000	£320,660	36% above HPI
2001 5 OCT	£180,000	£118,289	52% above HPI

4 SURREY 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 4 SURREY CLOSE sales from October 2001 and February 2021 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 October 2001 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the February 2021 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 4 SURREY CLOSE be worth now?

4 SURREY CLOSE might now be worth an estimated £516,920.

This is based on house price inflation of 18.8%, between February 2021 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 18.8% inflationary increase is applied to the most recent sale price for 4 SURREY CLOSE of £435,000 on 8th February 2021. For the value to have increased from £435,000 to £516,920 over the four years to February 2025, the following assumptions must hold true:

• The value of 4 SURREY CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The February 2021 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SURREY CLOSE has not materially changed since February 2021.

How Large is 4 SURREY CLOSE?

4 SURREY CLOSE is 128m² according to the EPC inspection conducted in March 2020. This puts it in the largest 40% 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 4 SURREY CLOSE lies on this distribution: 66% of detached houses houses are smaller than 4 SURREY CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

4 SURREY CLOSE: Plot and Title Map

4 SURREY CLOSE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 4 SURREY 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 4 SURREY 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 4 SURREY CLOSE?

4 SURREY CLOSE is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 4 on SURREY CLOSE.