18, FERNHILL WAY, WOLVEY, HINCKLEY, LE10 3LP - £285,000

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

18 FERNHILL WAY is a midsized extended detached house of 131m², built sometime between 1967 and 1975. It was last sold for £285,000 in December 2015, which was around 12% below the average December 2015 detached price in the Rugby local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

18 FERNHILL WAY Sold Prices

Land registry data shows two sales for 18 FERNHILL WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. Both of the two 18 FERNHILL WAY 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
2015 15 DEC	£285,000	£323,732	12% below HPI
2014 18 JUL	£230,000	£289,599	21% below HPI

18 FERNHILL WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rugby local authority area over time, sourced from the HPI. The two 18 FERNHILL WAY sales from July 2014 and December 2015 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 July 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2015 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 18 FERNHILL WAY?

18 FERNHILL WAY is 131m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 50% of detached houses in Wolvey, based on EPC data. The below chart shows the distribution of detached houses by size in Wolvey, and where 18 FERNHILL WAY lies on this distribution: 49% of detached houses are smaller than 18 FERNHILL WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Wolvey.

18 FERNHILL WAY: Plot and Title Map

18 FERNHILL WAY sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of 18 FERNHILL 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 18 FERNHILL 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 18 FERNHILL WAY?

18 FERNHILL WAY is located in WOLVEY, in the LE10 postcode district. The below map shows the position of No. 18 on FERNHILL WAY.