THE GRANGE, BLAKE CLOSE, HINCKLEY, LE10 1UR - £232,500

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.

THE GRANGE is a midsized detached house of 116m², built sometime from 2007 onwards, which could now be worth an estimated £330,456. It was last sold for £232,500 in June 2017, which was around 14% below the average June 2017 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

THE GRANGE Sold Prices

Land registry data shows two sales for THE GRANGE 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. Both of the two THE GRANGE 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
2017 16 JUN	£232,500	£269,817	14% below HPI
2009 12 JUN	£182,000	£189,595	4% below HPI

THE GRANGE 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 THE GRANGE sales from June 2009 and June 2017 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 2009 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2017 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might THE GRANGE be worth now?

THE GRANGE might now be worth an estimated £330,456.

This is based on house price inflation of 42.1%, between June 2017 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 42.1% inflationary increase is applied to the most recent sale price for THE GRANGE of £232,500 on 16th June 2017. For the value to have increased from £232,500 to £330,456 over the eight years and three months to March 2025, the following assumptions must hold true:

• The value of THE GRANGE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The June 2017 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of THE GRANGE has not materially changed since June 2017.

How Large is THE GRANGE?

THE GRANGE is 116m² according to the EPC inspection conducted in May 2017. This puts it in the largest 50% 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 THE GRANGE lies on this distribution: 55% of detached houses houses are smaller than THE GRANGE, and 45% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

THE GRANGE: Plot and Title Map

THE GRANGE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of THE GRANGE, 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 THE GRANGE). 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 THE GRANGE?

THE GRANGE is located on BLAKE CLOSE in HINCKLEY, in the LE10 postcode district. The below map shows the position of THE GRANGE on BLAKE CLOSE.