5, PENZANCE CLOSE, HINCKLEY, LE10 1XJ - £372,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 PENZANCE CLOSE is a large detached house of 121m², built sometime between 1983 and 1990. It was last sold for £372,000 in November 2019, which was around 16% above the average November 2019 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

5 PENZANCE CLOSE Sold Prices

Land registry data shows three sales for 5 PENZANCE 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. All of the three 5 PENZANCE 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 29 NOV	£372,000	£320,213	16% above HPI
2014 26 SEP	£270,000	£236,463	14% above HPI
2006 31 MAR	£248,000	£218,483	14% above HPI

5 PENZANCE 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 5 PENZANCE CLOSE sales between March 2006 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 September 2014 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the November 2019 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 5 PENZANCE CLOSE?

5 PENZANCE CLOSE is 121m² according to the EPC inspection conducted in April 2013. This puts it in the largest 40% of detached houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where 5 PENZANCE CLOSE lies on this distribution: 60% of detached houses are smaller than 5 PENZANCE CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

5 PENZANCE CLOSE: Plot and Title Map

5 PENZANCE CLOSE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 5 PENZANCE 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 PENZANCE 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 PENZANCE CLOSE?

5 PENZANCE CLOSE is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 5 on PENZANCE CLOSE.