16, FARAY DRIVE, HINCKLEY, LE10 0WZ - £192,500

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.

16 FARAY DRIVE is a very small semi-detached house of 77m², which could now be worth an estimated £248,870. It was last sold for £192,500 in July 2020, which was about the average July 2020 semi-detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was February 2014, where the current energy rating was B, and the potential energy rating was B.

16 FARAY DRIVE Sold Prices

Land registry data shows two sales for 16 FARAY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. One of the two 16 FARAY DRIVE sales was roughly equal to the average price, whilst the other was 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
2020 31 JUL	£192,500	£192,840	Close to HPI
2015 27 FEB	£169,950	£147,155	15% above HPI

16 FARAY DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The two 16 FARAY DRIVE sales from February 2015 and July 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 February 2015 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the July 2020 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 16 FARAY DRIVE be worth now?

16 FARAY DRIVE might now be worth an estimated £248,870.

This is based on house price inflation of 29.3%, between July 2020 and February 2025, for semi-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 29.3% inflationary increase is applied to the most recent sale price for 16 FARAY DRIVE of £192,500 on 31st July 2020. For the value to have increased from £192,500 to £248,870 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 16 FARAY DRIVE has moved in line with the HPI for semi-detached houses in the Hinckley and Bosworth local authority area.
• The July 2020 sale price of £192,500 represented a fair market value for the property.
• The size, condition, and specification of 16 FARAY DRIVE has not materially changed since July 2020.

How Large is 16 FARAY DRIVE?

16 FARAY DRIVE is 77m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of semi-detached houses houses in Hinckley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hinckley, and where 16 FARAY DRIVE lies on this distribution: 12% of semi-detached houses houses are smaller than 16 FARAY DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

16 FARAY DRIVE: Plot and Title Map

16 FARAY DRIVE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 16 FARAY DRIVE, 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 16 FARAY DRIVE). 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 16 FARAY DRIVE?

16 FARAY DRIVE is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 16 on FARAY DRIVE.