1, THE FINCHES, DESFORD, LEICESTER, LE9 9DB - £227,500

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.

1 THE FINCHES is a very small detached house of 98m², built sometime between 1991 and 1995, which could now be worth an estimated £352,092. It was last sold for £227,500 in August 2016, which was around 8% below the average August 2016 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

1 THE FINCHES Sold Prices

Land registry data shows four sales for 1 THE FINCHES 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. The four 1 THE FINCHES sales were a mix of below the average price, and roughly equal to 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
2016 26 AUG	£227,500	£246,209	8% below HPI
2009 14 APR	£180,000	£187,392	4% below HPI
2001 16 NOV	£120,000	£120,949	1% below HPI
1996 20 DEC	£76,500	£76,249	Close to HPI

1 THE FINCHES 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 1 THE FINCHES sales between December 1996 and August 2016 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 April 2009 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2016 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 1 THE FINCHES be worth now?

1 THE FINCHES might now be worth an estimated £352,092.

This is based on house price inflation of 54.8%, between August 2016 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 54.8% inflationary increase is applied to the most recent sale price for 1 THE FINCHES of £227,500 on 26th August 2016. For the value to have increased from £227,500 to £352,092 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 1 THE FINCHES has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The August 2016 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 1 THE FINCHES has not materially changed since August 2016.

How Large is 1 THE FINCHES?

1 THE FINCHES is 98m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of detached houses houses in Desford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Desford, and where 1 THE FINCHES lies on this distribution: 20% of detached houses houses are smaller than 1 THE FINCHES, and 79% of houses are larger. Note that EPC data is not available for all properties in Desford.

1 THE FINCHES: Plot and Title Map

1 THE FINCHES sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 1 THE FINCHES, 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 THE FINCHES). 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 THE FINCHES?

1 THE FINCHES is located in DESFORD, in the LE9 postcode district. The below map shows the position of No. 1 on THE FINCHES.