18, FARAY DRIVE, HINCKLEY, LE10 0WZ - £171,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

18 FARAY DRIVE is a very small extended semi-detached house of 67m², built sometime from 2012 onwards. It was last sold for £171,000 in May 2016, which was around 35% below the average May 2016 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

18 FARAY DRIVE Sold Prices

Land registry data shows two sales for 18 FARAY DRIVE 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 18 FARAY DRIVE 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
2016 24 MAY	£171,000	£261,576	35% below HPI
2015 30 APR	£169,950	£238,997	29% below HPI

18 FARAY DRIVE 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 18 FARAY DRIVE sales from April 2015 and May 2016 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 April 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2016 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 18 FARAY DRIVE?

18 FARAY DRIVE is 67m², which includes one extension, according to the EPC inspection conducted in February 2024. 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 18 FARAY DRIVE lies on this distribution: 6% of detached houses are smaller than 18 FARAY DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

18 FARAY DRIVE: Plot and Title Map

18 FARAY DRIVE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 18 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 18 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 18 FARAY DRIVE?

18 FARAY DRIVE is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 18 on FARAY DRIVE.