12, WYKIN ROAD, HINCKLEY, LE10 0HY - £255,000

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.

12 WYKIN ROAD is a very small detached house of 69m², built sometime between 1930 and 1949, which could now be worth an estimated £313,162. It was last sold for £255,000 in September 2020, which was around 18% below the average September 2020 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

12 WYKIN ROAD Sold Prices

Land registry data shows two sales for 12 WYKIN 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 12 WYKIN 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 23 SEP	£255,000	£310,277	18% below HPI
2014 22 AUG	£180,000	£225,268	20% below HPI

12 WYKIN 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 12 WYKIN ROAD sales from August 2014 and September 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 August 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 12 WYKIN ROAD be worth now?

12 WYKIN ROAD might now be worth an estimated £313,162.

This is based on house price inflation of 22.8%, between September 2020 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 22.8% inflationary increase is applied to the most recent sale price for 12 WYKIN ROAD of £255,000 on 23rd September 2020. For the value to have increased from £255,000 to £313,162 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 12 WYKIN ROAD has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The September 2020 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 12 WYKIN ROAD has not materially changed since September 2020.

How Large is 12 WYKIN ROAD?

12 WYKIN ROAD is 69m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% 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 WYKIN ROAD lies on this distribution: 7% of detached houses houses are smaller than 12 WYKIN ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

12 WYKIN ROAD: Plot and Title Map

12 WYKIN ROAD sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 12 WYKIN 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 12 WYKIN 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 12 WYKIN ROAD?

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