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

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 PENZANCE CLOSE is a large detached house of 121m², built sometime between 1983 and 1990, which could now be worth an estimated £468,748. It was last sold for £372,000 in November 2019, which was around 22% 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	£304,343	22% above HPI
2014 26 SEP	£270,000	£224,744	20% above HPI
2006 31 MAR	£248,000	£207,655	19% 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 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the November 2019 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 5 PENZANCE CLOSE be worth now?

5 PENZANCE CLOSE might now be worth an estimated £468,748.

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 5 PENZANCE CLOSE of £372,000 on 29th November 2019. For the value to have increased from £372,000 to £468,748 over the six years and eight months to March 2025, the following assumptions must hold true:

• The value of 5 PENZANCE 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 £372,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PENZANCE CLOSE has not materially changed since November 2019.

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 houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hinckley, and where 5 PENZANCE CLOSE lies on this distribution: 60% of detached houses 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.