7, BUTE CLOSE, HINCKLEY, LE10 0SJ - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 BUTE CLOSE is a very small detached house of 71m², built sometime between 1976 and 1982, which could now be worth an estimated £265,621. It was last sold for £250,000 in May 2022, which was around 30% below the average May 2022 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

7 BUTE CLOSE Sold Prices

Land registry data shows three sales for 7 BUTE 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 7 BUTE 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
2022 23 MAY	£250,000	£359,349	30% below HPI
2009 22 MAY	£133,000	£189,977	30% below HPI
2000 15 MAR	£82,000	£92,851	12% below HPI

7 BUTE 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 7 BUTE CLOSE sales between March 2000 and May 2022 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 May 2009 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2022 sale, which was also at 30% below the HPI.

What might 7 BUTE CLOSE be worth now?

7 BUTE CLOSE might now be worth an estimated £265,621.

This is based on house price inflation of 6.2%, between May 2022 and December 2024, 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 6.2% inflationary increase is applied to the most recent sale price for 7 BUTE CLOSE of £250,000 on 23rd May 2022. For the value to have increased from £250,000 to £265,621 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of 7 BUTE CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The May 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BUTE CLOSE has not materially changed since May 2022.

How Large is 7 BUTE CLOSE?

7 BUTE CLOSE is 71m² according to the EPC inspection conducted in August 2021. 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 7 BUTE CLOSE lies on this distribution: 8% of detached houses houses are smaller than 7 BUTE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

7 BUTE CLOSE: Plot and Title Map

7 BUTE CLOSE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 7 BUTE 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 7 BUTE 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 7 BUTE CLOSE?

7 BUTE CLOSE is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 7 on BUTE CLOSE.