1, MEADOW DRIVE, BURBAGE, HINCKLEY, LE10 2BL - £300,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MEADOW DRIVE is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £300,000 in February 2020, which was around 2% below the average February 2020 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

1 MEADOW DRIVE Sold Prices

Land registry data shows three sales for 1 MEADOW DRIVE 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 1 MEADOW DRIVE 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
2020 7 FEB	£300,000	£306,695	2% below HPI
2016 24 MAR	£130,000	£251,758	48% below HPI
2000 9 JUN	£91,000	£107,073	15% below HPI

1 MEADOW DRIVE 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 1 MEADOW DRIVE sales between June 2000 and February 2020 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 March 2016 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the February 2020 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 1 MEADOW DRIVE?

1 MEADOW DRIVE is 78m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% of detached houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where 1 MEADOW DRIVE lies on this distribution: 13% of detached houses are smaller than 1 MEADOW DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

1 MEADOW DRIVE: Plot and Title Map

1 MEADOW DRIVE sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of 1 MEADOW DRIVE, 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 1 MEADOW DRIVE). 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 1 MEADOW DRIVE?

1 MEADOW DRIVE is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 1 on MEADOW DRIVE.