18, THE RIDGEWAY, BURBAGE, HINCKLEY, LE10 2NR - £154,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 THE RIDGEWAY is a very small semi-detached house of 73m², built sometime between 1976 and 1982, which could now be worth an estimated £284,773. It was last sold for £154,500 in January 2006, which was around 14% above the average January 2006 semi-detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

18 THE RIDGEWAY Sold Prices

Land registry data shows two sales for 18 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 18 THE RIDGEWAY 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
2006 27 JAN	£154,500	£135,795	14% above HPI
1997 7 FEB	£55,000	£45,566	21% above HPI

18 THE RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The two 18 THE RIDGEWAY sales from February 1997 and January 2006 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 1997 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the January 2006 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 18 THE RIDGEWAY be worth now?

18 THE RIDGEWAY might now be worth an estimated £284,773.

This is based on house price inflation of 84.3%, between January 2006 and December 2024, for semi-detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 84.3% inflationary increase is applied to the most recent sale price for 18 THE RIDGEWAY of £154,500 on 27th January 2006. For the value to have increased from £154,500 to £284,773 over the seventeen years and one month to December 2024, the following assumptions must hold true:

• The value of 18 THE RIDGEWAY has moved in line with the HPI for semi-detached houses in the Hinckley and Bosworth local authority area.
• The January 2006 sale price of £154,500 represented a fair market value for the property.
• The size, condition, and specification of 18 THE RIDGEWAY has not materially changed since January 2006.

How Large is 18 THE RIDGEWAY?

18 THE RIDGEWAY is 73m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of semi-detached houses houses in Hinckley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hinckley, and where 18 THE RIDGEWAY lies on this distribution: 9% of semi-detached houses houses are smaller than 18 THE RIDGEWAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

18 THE RIDGEWAY: Plot and Title Map

18 THE RIDGEWAY sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 18 THE RIDGEWAY, 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 THE RIDGEWAY). 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 THE RIDGEWAY?

18 THE RIDGEWAY is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 18 on THE RIDGEWAY.