6, LOBELIA CLOSE, BURBAGE, HINCKLEY, LE10 2UL - £194,000

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.

6 LOBELIA CLOSE is a very small detached house of 54m², built sometime between 1950 and 1966, which could now be worth an estimated £251,300. It was last sold for £194,000 in December 2018, which was around 34% below the average December 2018 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was B.

6 LOBELIA CLOSE Sold Prices

Land registry data shows three sales for 6 LOBELIA 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 6 LOBELIA 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
2018 13 DEC	£194,000	£294,163	34% below HPI
2001 8 JUN	£89,950	£111,724	19% below HPI
1999 25 JUN	£72,000	£86,604	17% below HPI

6 LOBELIA 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 6 LOBELIA CLOSE sales between June 1999 and December 2018 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 June 2001 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2018 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 6 LOBELIA CLOSE be worth now?

6 LOBELIA CLOSE might now be worth an estimated £251,300.

This is based on house price inflation of 29.5%, between December 2018 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 29.5% inflationary increase is applied to the most recent sale price for 6 LOBELIA CLOSE of £194,000 on 13th December 2018. For the value to have increased from £194,000 to £251,300 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 6 LOBELIA CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The December 2018 sale price of £194,000 represented a fair market value for the property.
• The size, condition, and specification of 6 LOBELIA CLOSE has not materially changed since December 2018.

How Large is 6 LOBELIA CLOSE?

6 LOBELIA CLOSE is 54m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% 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 6 LOBELIA CLOSE lies on this distribution: 1% of detached houses houses are smaller than 6 LOBELIA CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

6 LOBELIA CLOSE: Plot and Title Map

6 LOBELIA CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 6 LOBELIA 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 6 LOBELIA 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 6 LOBELIA CLOSE?

6 LOBELIA CLOSE is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 6 on LOBELIA CLOSE.