103, TEIGN BANK ROAD, HINCKLEY, LE10 0ED - £265,000

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.

103 TEIGN BANK ROAD is a small detached house of 91m², built sometime between 1900 and 1929, which could now be worth an estimated £316,672. It was last sold for £265,000 in December 2020, which was around 17% below the average December 2020 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

103 TEIGN BANK ROAD Sold Prices

Land registry data shows two sales for 103 TEIGN BANK ROAD 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 103 TEIGN BANK ROAD 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 22 DEC	£265,000	£320,919	17% below HPI
2006 16 MAR	£150,000	£207,655	28% below HPI

103 TEIGN BANK ROAD 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 103 TEIGN BANK ROAD sales from March 2006 and December 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 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 103 TEIGN BANK ROAD be worth now?

103 TEIGN BANK ROAD might now be worth an estimated £316,672.

This is based on house price inflation of 19.5%, between December 2020 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 19.5% inflationary increase is applied to the most recent sale price for 103 TEIGN BANK ROAD of £265,000 on 22nd December 2020. For the value to have increased from £265,000 to £316,672 over the five years and nine months to March 2025, the following assumptions must hold true:

• The value of 103 TEIGN BANK ROAD has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The December 2020 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 103 TEIGN BANK ROAD has not materially changed since December 2020.

How Large is 103 TEIGN BANK ROAD?

103 TEIGN BANK ROAD is 91m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% 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 103 TEIGN BANK ROAD lies on this distribution: 27% of detached houses houses are smaller than 103 TEIGN BANK ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

103 TEIGN BANK ROAD: Plot and Title Map

103 TEIGN BANK ROAD sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of 103 TEIGN BANK ROAD, 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 103 TEIGN BANK ROAD). 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 103 TEIGN BANK ROAD?

103 TEIGN BANK ROAD is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 103 on TEIGN BANK ROAD.