2, MORLAND DRIVE, HINCKLEY, LE10 0GG - £290,000

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

2 MORLAND DRIVE is a small detached house of 102m², built sometime between 1996 and 2002. It was last sold for £290,000 in October 2020, which was around 13% below the average October 2020 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

2 MORLAND DRIVE Sold Prices

Land registry data shows three sales for 2 MORLAND DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Two of the three 2 MORLAND DRIVE sales were for below the average price, whilst one was 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
2020 30 OCT	£290,000	£333,561	13% below HPI
2019 21 JUN	£240,000	£312,536	23% below HPI
1996 13 DEC	£81,000	£80,225	1% above HPI

2 MORLAND 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 three 2 MORLAND DRIVE sales between December 1996 and October 2020 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 June 2019 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2020 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 MORLAND DRIVE?

2 MORLAND DRIVE is 102m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% 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 MORLAND DRIVE lies on this distribution: 39% of detached houses are smaller than 2 MORLAND DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

2 MORLAND DRIVE: Plot and Title Map

2 MORLAND DRIVE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 2 MORLAND 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 2 MORLAND 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 2 MORLAND DRIVE?

2 MORLAND DRIVE is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 2 on MORLAND DRIVE.