49, RIETH CLOSE, HINCKLEY, LE10 0YR - £338,000

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.

49 RIETH CLOSE is a midsized detached house of 120m², which could now be worth an estimated £425,905. It was last sold for £338,000 in November 2019, which was around 11% above the average November 2019 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was January 2017, where the current energy rating was B, and the potential energy rating was B.

49 RIETH CLOSE Sold Prices

Land registry data shows two sales for 49 RIETH 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 49 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
2019 1 NOV	£338,000	£304,343	11% above HPI
2017 12 MAY	£309,995	£268,327	16% above HPI

49 RIETH 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 49 RIETH CLOSE sales from May 2017 and November 2019 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 2017 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the November 2019 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 49 RIETH CLOSE be worth now?

49 RIETH CLOSE might now be worth an estimated £425,905.

This is based on house price inflation of 26%, between November 2019 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 26% inflationary increase is applied to the most recent sale price for 49 RIETH CLOSE of £338,000 on 1st November 2019. For the value to have increased from £338,000 to £425,905 over the six years and eight months to March 2025, the following assumptions must hold true:

• The value of 49 RIETH CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The November 2019 sale price of £338,000 represented a fair market value for the property.
• The size, condition, and specification of 49 RIETH CLOSE has not materially changed since November 2019.

How Large is 49 RIETH CLOSE?

49 RIETH CLOSE is 120m² according to the EPC inspection conducted in January 2017. 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 49 RIETH CLOSE lies on this distribution: 59% of detached houses houses are smaller than 49 RIETH CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

49 RIETH CLOSE: Plot and Title Map

49 RIETH CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 49 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 49 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 49 RIETH CLOSE?

49 RIETH CLOSE is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 49 on RIETH CLOSE.