62, MAIN STREET, RATBY, LEICESTER, LE6 0LL - £315,000

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.

62 MAIN STREET is a large extended detached house of 114m², built sometime before 1900, which could now be worth an estimated £541,623. It was last sold for £315,000 in November 2014, which was around 41% above the average November 2014 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was July 2013, where the current energy rating was E, and the potential energy rating was C.

62 MAIN STREET Sold Prices

Land registry data shows two sales for 62 MAIN STREET 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. One of the two 62 MAIN STREET sales was for above the average price, whilst the other was 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
2014 12 NOV	£315,000	£223,035	41% above HPI
1999 27 JAN	£35,000	£84,667	59% below HPI

62 MAIN STREET 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 62 MAIN STREET sales from January 1999 and November 2014 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 January 1999 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the November 2014 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 62 MAIN STREET be worth now?

62 MAIN STREET might now be worth an estimated £541,623.

This is based on house price inflation of 71.9%, between November 2014 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 71.9% inflationary increase is applied to the most recent sale price for 62 MAIN STREET of £315,000 on 12th November 2014. For the value to have increased from £315,000 to £541,623 over the eleven years and eight months to March 2025, the following assumptions must hold true:

• The value of 62 MAIN STREET has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The November 2014 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 62 MAIN STREET has not materially changed since November 2014.

How Large is 62 MAIN STREET?

62 MAIN STREET is 114m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 40% 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 62 MAIN STREET lies on this distribution: 66% of detached houses houses are smaller than 62 MAIN STREET, and 33% of houses are larger. Note that EPC data is not available for all properties in Ratby.

62 MAIN STREET: Plot and Title Map

62 MAIN STREET sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 62 MAIN STREET, 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 62 MAIN STREET). 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 62 MAIN STREET?

62 MAIN STREET is located in RATBY, in the LE6 postcode district. The below map shows the position of No. 62 on MAIN STREET.