12, BUTT LANE, HINCKLEY, LE10 1LD - £252,450

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.

12 BUTT LANE is a large extended detached house of 130m², built sometime between 1900 and 1929, which could now be worth an estimated £408,471. It was last sold for £252,450 in February 2016, which was around 7% above the average February 2016 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was E.

12 BUTT LANE Sold Prices

Land registry data shows four sales for 12 BUTT LANE 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. All of the four 12 BUTT LANE sales were for above 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 19 FEB	£252,450	£235,501	7% above HPI
2015 23 JUL	£315,000	£232,802	35% above HPI
2007 26 JAN	£290,000	£221,543	31% above HPI
2003 12 DEC	£245,000	£175,648	39% above HPI

12 BUTT LANE 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 12 BUTT LANE sales between December 2003 and February 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 July 2015 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the February 2016 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 12 BUTT LANE be worth now?

12 BUTT LANE might now be worth an estimated £408,471.

This is based on house price inflation of 61.8%, between February 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 61.8% inflationary increase is applied to the most recent sale price for 12 BUTT LANE of £252,450 on 19th February 2016. For the value to have increased from £252,450 to £408,471 over the nine years to February 2025, the following assumptions must hold true:

• The value of 12 BUTT LANE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The February 2016 sale price of £252,450 represented a fair market value for the property.
• The size, condition, and specification of 12 BUTT LANE has not materially changed since February 2016.

How Large is 12 BUTT LANE?

12 BUTT LANE is 130m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the largest 40% 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 12 BUTT LANE lies on this distribution: 69% of detached houses houses are smaller than 12 BUTT LANE, and 31% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

12 BUTT LANE: Plot and Title Map

12 BUTT LANE sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 12 BUTT LANE, 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 12 BUTT LANE). 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 12 BUTT LANE?

12 BUTT LANE is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 12 on BUTT LANE.