18, KING RICHARD ROAD, HINCKLEY, LE10 0HL - £142,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 KING RICHARD ROAD is a very small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £142,000 in August 2002, which was around 6% below the average August 2002 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2014, where the current energy rating was B, and the potential energy rating was B.

18 KING RICHARD ROAD Sold Prices

Land registry data shows two sales for 18 KING RICHARD ROAD 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 KING RICHARD ROAD 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
2002 9 AUG	£142,000	£151,107	6% below HPI
1997 26 MAR	£58,000	£78,762	26% below HPI

18 KING RICHARD ROAD 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 KING RICHARD ROAD sales from March 1997 and August 2002 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 March 1997 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2002 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 18 KING RICHARD ROAD?

18 KING RICHARD ROAD is 77m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% 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 KING RICHARD ROAD lies on this distribution: 12% of detached houses are smaller than 18 KING RICHARD ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

18 KING RICHARD ROAD: Plot and Title Map

18 KING RICHARD ROAD sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 18 KING RICHARD ROAD, 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 KING RICHARD ROAD). 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 KING RICHARD ROAD?

18 KING RICHARD ROAD is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 18 on KING RICHARD ROAD.