2, KING RICHARD ROAD, HINCKLEY, LE10 0HL - £229,650

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

2 KING RICHARD ROAD is a small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £229,650 in July 2021, which was around 33% below the average July 2021 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was D.

2 KING RICHARD ROAD Sold Prices

Land registry data shows two sales for 2 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 2 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
2021 19 JUL	£229,650	£345,036	33% below HPI
2012 14 DEC	£140,000	£216,558	35% below HPI

2 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 2 KING RICHARD ROAD sales from December 2012 and July 2021 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 December 2012 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2021 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 2 KING RICHARD ROAD?

2 KING RICHARD ROAD is 85m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 30% of detached houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where 2 KING RICHARD ROAD lies on this distribution: 21% of detached houses are smaller than 2 KING RICHARD ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

2 KING RICHARD ROAD: Plot and Title Map

2 KING RICHARD ROAD sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 2 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 2 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 2 KING RICHARD ROAD?

2 KING RICHARD ROAD is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 2 on KING RICHARD ROAD.