5, COTTAGE CLOSE, RATBY, LEICESTER, LE6 0XY - £240,000

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.

5 COTTAGE CLOSE is a very small detached house of 53m², built sometime between 1950 and 1966, which could now be worth an estimated £238,590. It was last sold for £240,000 in November 2024, which was around 37% below the average November 2024 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

5 COTTAGE CLOSE Sold Prices

Land registry data shows four sales for 5 COTTAGE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the four 5 COTTAGE CLOSE sales were for below 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
2024 7 NOV	£240,000	£383,299	37% below HPI
2014 28 NOV	£149,950	£223,035	33% below HPI
2013 28 OCT	£135,000	£208,422	35% below HPI
2009 18 SEP	£114,950	£202,426	43% below HPI

5 COTTAGE 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 four 5 COTTAGE CLOSE sales between September 2009 and November 2024 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 November 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2024 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 5 COTTAGE CLOSE be worth now?

5 COTTAGE CLOSE might now be worth an estimated £238,590.

This is based on house price deflation of 0.6%, between November 2024 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 0.6% deflationary decrease is applied to the most recent sale price for 5 COTTAGE CLOSE of £240,000 on 7th November 2024. For the value to have decreased from £240,000 to £238,590 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 5 COTTAGE CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The November 2024 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 5 COTTAGE CLOSE has not materially changed since November 2024.

How Large is 5 COTTAGE CLOSE?

5 COTTAGE CLOSE is 53m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 10% of detached houses houses in Ratby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ratby, and where 5 COTTAGE CLOSE lies on this distribution: 6% of detached houses houses are smaller than 5 COTTAGE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Ratby.

5 COTTAGE CLOSE: Plot and Title Map

5 COTTAGE CLOSE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 5 COTTAGE 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 5 COTTAGE 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 5 COTTAGE CLOSE?

5 COTTAGE CLOSE is located in RATBY, in the LE6 postcode district. The below map shows the position of No. 5 on COTTAGE CLOSE.