7, ROMNEY CLOSE, HINCKLEY, LE10 0JF - £170,000

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.

7 ROMNEY CLOSE is a very small detached house of 71m², built sometime between 1991 and 1995, which could now be worth an estimated £273,437. It was last sold for £170,000 in August 2015, which was around 28% below the average August 2015 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

7 ROMNEY CLOSE Sold Prices

Land registry data shows four sales for 7 ROMNEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the four 7 ROMNEY 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
2015 7 AUG	£170,000	£236,903	28% below HPI
2007 10 JUL	£173,500	£224,202	23% below HPI
2002 3 MAY	£107,500	£130,912	18% below HPI
1995 20 OCT	£59,000	£70,610	16% below HPI

7 ROMNEY 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 four 7 ROMNEY CLOSE sales between October 1995 and August 2015 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 July 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2015 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 7 ROMNEY CLOSE be worth now?

7 ROMNEY CLOSE might now be worth an estimated £273,437.

This is based on house price inflation of 60.8%, between August 2015 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 60.8% inflationary increase is applied to the most recent sale price for 7 ROMNEY CLOSE of £170,000 on 7th August 2015. For the value to have increased from £170,000 to £273,437 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 7 ROMNEY CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The August 2015 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ROMNEY CLOSE has not materially changed since August 2015.

How Large is 7 ROMNEY CLOSE?

7 ROMNEY CLOSE is 71m² according to the EPC inspection conducted in January 2012. 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 ROMNEY CLOSE lies on this distribution: 8% of detached houses houses are smaller than 7 ROMNEY CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

7 ROMNEY CLOSE: Plot and Title Map

7 ROMNEY CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 7 ROMNEY 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 ROMNEY 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 ROMNEY CLOSE?

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