11, CANAL WAY, HINCKLEY, LE10 0DE - £162,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

11 CANAL WAY is a very small extended detached house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £304,878. It was last sold for £162,500 in April 2005, which was around 20% below the average April 2005 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was November 2013, where the current energy rating was B, and the potential energy rating was A.

11 CANAL WAY Sold Prices

Land registry data shows two sales for 11 CANAL WAY 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 11 CANAL WAY 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
2005 15 APR	£162,500	£203,501	20% below HPI
2002 24 MAY	£119,950	£130,912	8% below HPI

11 CANAL WAY 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 11 CANAL WAY sales from May 2002 and April 2005 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 May 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2005 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 11 CANAL WAY be worth now?

11 CANAL WAY might now be worth an estimated £304,878.

This is based on house price inflation of 87.6%, between April 2005 and December 2024, 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 87.6% inflationary increase is applied to the most recent sale price for 11 CANAL WAY of £162,500 on 15th April 2005. For the value to have increased from £162,500 to £304,878 over the eighteen years and four months to December 2024, the following assumptions must hold true:

• The value of 11 CANAL WAY has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The April 2005 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 11 CANAL WAY has not materially changed since April 2005.

How Large is 11 CANAL WAY?

11 CANAL WAY is 82m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% 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 11 CANAL WAY lies on this distribution: 16% of detached houses houses are smaller than 11 CANAL WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

11 CANAL WAY: Plot and Title Map

11 CANAL WAY sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 11 CANAL WAY, 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 11 CANAL WAY). 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 11 CANAL WAY?

11 CANAL WAY is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 11 on CANAL WAY.