17, WOODBANK, BURBAGE, HINCKLEY, LE10 2BY - £294,000

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 WOODBANK is a very small detached house of 58m², built sometime between 1967 and 1975. It was last sold for £294,000 in January 2023, which was around 27% below the average January 2023 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

17 WOODBANK Sold Prices

Land registry data shows three sales for 17 WOODBANK 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 WOODBANK 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
2023 9 JAN	£294,000	£401,458	27% below HPI
2016 19 FEB	£153,000	£247,782	38% below HPI
2001 19 OCT	£88,000	£124,457	29% below HPI

17 WOODBANK 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 WOODBANK sales between October 2001 and January 2023 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 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 17 WOODBANK?

17 WOODBANK is 58m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 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 WOODBANK lies on this distribution: 2% of detached houses are smaller than 17 WOODBANK, and 98% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

17 WOODBANK: Plot and Title Map

17 WOODBANK sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 17 WOODBANK, 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 WOODBANK). 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 WOODBANK?

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