126, PADDOCK WAY, HINCKLEY, LE10 0BZ - £210,000

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.

126 PADDOCK WAY is a very small detached house of 74m², built sometime between 2003 and 2006, which could now be worth an estimated £252,406. It was last sold for £210,000 in October 2020, which was around 34% below the average October 2020 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

126 PADDOCK WAY Sold Prices

Land registry data shows two sales for 126 PADDOCK 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 126 PADDOCK 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
2020 8 OCT	£210,000	£317,029	34% below HPI
2006 18 AUG	£156,000	£214,735	27% below HPI

126 PADDOCK 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 126 PADDOCK WAY sales from August 2006 and October 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 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2020 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 126 PADDOCK WAY be worth now?

126 PADDOCK WAY might now be worth an estimated £252,406.

This is based on house price inflation of 20.2%, between October 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 20.2% inflationary increase is applied to the most recent sale price for 126 PADDOCK WAY of £210,000 on 8th October 2020. For the value to have increased from £210,000 to £252,406 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 126 PADDOCK WAY has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The October 2020 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 126 PADDOCK WAY has not materially changed since October 2020.

How Large is 126 PADDOCK WAY?

126 PADDOCK WAY is 74m² according to the EPC inspection conducted in February 2019. 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 126 PADDOCK WAY lies on this distribution: 9% of detached houses houses are smaller than 126 PADDOCK WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

126 PADDOCK WAY: Plot and Title Map

126 PADDOCK WAY sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 126 PADDOCK 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 126 PADDOCK 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 126 PADDOCK WAY?

126 PADDOCK WAY is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 126 on PADDOCK WAY.