10, LOCHMORE DRIVE, HINCKLEY, LE10 0TZ - £280,000

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

10 LOCHMORE DRIVE is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £280,000 in November 2022, which was around 30% below the average November 2022 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

10 LOCHMORE DRIVE Sold Prices

Land registry data shows two sales for 10 LOCHMORE DRIVE 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 10 LOCHMORE 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
2022 25 NOV	£280,000	£402,827	30% below HPI
2018 20 JUL	£200,000	£301,768	34% below HPI

10 LOCHMORE 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 two 10 LOCHMORE DRIVE sales from July 2018 and November 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 July 2018 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 10 LOCHMORE DRIVE?

10 LOCHMORE DRIVE is 75m² according to the EPC inspection conducted in March 2018. 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 10 LOCHMORE DRIVE lies on this distribution: 10% of detached houses are smaller than 10 LOCHMORE DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

10 LOCHMORE DRIVE: Plot and Title Map

10 LOCHMORE DRIVE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 10 LOCHMORE 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 10 LOCHMORE 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 10 LOCHMORE DRIVE?

10 LOCHMORE DRIVE is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 10 on LOCHMORE DRIVE.