17, HERALD WAY, BURBAGE, HINCKLEY, LE10 2NX - £445,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

17 HERALD WAY is a very large extended detached house of 223m², built sometime between 1983 and 1990. It was last sold for £445,000 in May 2017, which was around 58% above the average May 2017 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

17 HERALD WAY Sold Prices

Land registry data shows three sales for 17 HERALD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the three 17 HERALD WAY 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
2017 19 MAY	£445,000	£282,319	58% above HPI
2015 5 OCT	£449,950	£252,930	78% above HPI
2006 26 MAY	£310,000	£229,464	35% above HPI

17 HERALD 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 three 17 HERALD WAY sales between May 2006 and May 2017 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 October 2015 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the May 2017 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 17 HERALD WAY?

17 HERALD WAY is 223m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 10% of detached houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where 17 HERALD WAY lies on this distribution: 97% of detached houses are smaller than 17 HERALD WAY, and 3% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

17 HERALD WAY: Plot and Title Map

17 HERALD WAY sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 17 HERALD 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 17 HERALD 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 17 HERALD WAY?

17 HERALD WAY is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 17 on HERALD WAY.