13, SPRINGFIELD ROAD, HINCKLEY, LE10 1AN - £370,000

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.

13 SPRINGFIELD ROAD is a large detached house of 140m², built sometime between 1983 and 1990, which could now be worth an estimated £475,637. It was last sold for £370,000 in August 2019, which was around 25% above the average August 2019 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

13 SPRINGFIELD ROAD Sold Prices

Land registry data shows two sales for 13 SPRINGFIELD 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 13 SPRINGFIELD ROAD 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
2019 23 AUG	£370,000	£296,418	25% above HPI
2015 27 MAY	£250,000	£228,478	9% above HPI

13 SPRINGFIELD 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 13 SPRINGFIELD ROAD sales from May 2015 and August 2019 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 2015 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2019 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 13 SPRINGFIELD ROAD be worth now?

13 SPRINGFIELD ROAD might now be worth an estimated £475,637.

This is based on house price inflation of 28.6%, between August 2019 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 28.6% inflationary increase is applied to the most recent sale price for 13 SPRINGFIELD ROAD of £370,000 on 23rd August 2019. For the value to have increased from £370,000 to £475,637 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 13 SPRINGFIELD ROAD has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The August 2019 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 13 SPRINGFIELD ROAD has not materially changed since August 2019.

How Large is 13 SPRINGFIELD ROAD?

13 SPRINGFIELD ROAD is 140m² according to the EPC inspection conducted in February 2014. This puts it in the largest 30% 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 13 SPRINGFIELD ROAD lies on this distribution: 76% of detached houses houses are smaller than 13 SPRINGFIELD ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

13 SPRINGFIELD ROAD: Plot and Title Map

13 SPRINGFIELD ROAD sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 13 SPRINGFIELD 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 13 SPRINGFIELD 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 13 SPRINGFIELD ROAD?

13 SPRINGFIELD ROAD is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 13 on SPRINGFIELD ROAD.