21, CANAL WAY, HINCKLEY, LE10 0DE - £158,000

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

21 CANAL WAY is a very small detached house of 61m², built sometime from 2007 onwards. It was last sold for £158,000 in July 2019, which was around 49% below the average July 2019 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was A.

21 CANAL WAY Sold Prices

Land registry data shows four sales for 21 CANAL WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the four 21 CANAL 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
2019 26 JUL	£158,000	£311,195	49% below HPI
2006 27 APR	£144,950	£224,293	35% below HPI
2004 30 APR	£115,000	£191,078	40% below HPI
2002 18 APR	£89,995	£137,541	35% below HPI

21 CANAL WAY 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 four 21 CANAL WAY sales between April 2002 and July 2019 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 April 2006 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2019 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 21 CANAL WAY?

21 CANAL WAY is 61m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of detached houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where 21 CANAL WAY lies on this distribution: 3% of detached houses are smaller than 21 CANAL WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

21 CANAL WAY: Plot and Title Map

21 CANAL WAY sits on a plot of roughly 0.031 of an acre, or 125m². The below map shows the location of 21 CANAL 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 21 CANAL 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 21 CANAL WAY?

21 CANAL WAY is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 21 on CANAL WAY.