120, MIDDLEFIELD LANE, HINCKLEY, LE10 0RA - £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

120 MIDDLEFIELD LANE is a very small detached house of 79m², built sometime between 1930 and 1949. It was last sold for £280,000 in February 2024, which was around 28% below the average February 2024 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

120 MIDDLEFIELD LANE Sold Prices

Land registry data shows two sales for 120 MIDDLEFIELD LANE 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 120 MIDDLEFIELD LANE 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
2024 16 FEB	£280,000	£391,302	28% below HPI
2019 22 MAR	£200,000	£304,409	34% below HPI

120 MIDDLEFIELD 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 two 120 MIDDLEFIELD LANE sales from March 2019 and February 2024 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 2019 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2024 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 120 MIDDLEFIELD LANE?

120 MIDDLEFIELD LANE is 79m² according to the EPC inspection conducted in November 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 120 MIDDLEFIELD LANE lies on this distribution: 14% of detached houses are smaller than 120 MIDDLEFIELD LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

120 MIDDLEFIELD LANE: Plot and Title Map

120 MIDDLEFIELD LANE sits on a plot of roughly 0.151 of an acre, or 612m². The below map shows the location of 120 MIDDLEFIELD 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 120 MIDDLEFIELD 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 120 MIDDLEFIELD LANE?

120 MIDDLEFIELD LANE is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 120 on MIDDLEFIELD LANE.