22, KING RICHARD ROAD, HINCKLEY, LE10 0HL - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

22 KING RICHARD ROAD is a midsized extended detached house of 120m², built sometime between 1950 and 1966, which could now be worth an estimated £335,473. It was last sold for £325,000 in June 2022, which was around 12% below the average June 2022 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

22 KING RICHARD ROAD Sold Prices

Land registry data shows three sales for 22 KING RICHARD ROAD 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. All of the three 22 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
2022 17 JUN	£325,000	£369,151	12% below HPI
2016 26 FEB	£199,950	£235,501	15% below HPI
2011 10 JUN	£157,000	£201,620	22% below HPI

22 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 three 22 KING RICHARD ROAD sales between June 2011 and June 2022 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 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 22 KING RICHARD ROAD be worth now?

22 KING RICHARD ROAD might now be worth an estimated £335,473.

This is based on house price inflation of 3.2%, between June 2022 and February 2025, for 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 3.2% inflationary increase is applied to the most recent sale price for 22 KING RICHARD ROAD of £325,000 on 17th June 2022. For the value to have increased from £325,000 to £335,473 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 22 KING RICHARD ROAD has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The June 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 22 KING RICHARD ROAD has not materially changed since June 2022.

How Large is 22 KING RICHARD ROAD?

22 KING RICHARD ROAD is 120m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 40% of detached houses houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hinckley, and where 22 KING RICHARD ROAD lies on this distribution: 59% of detached houses houses are smaller than 22 KING RICHARD ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

22 KING RICHARD ROAD: Plot and Title Map

22 KING RICHARD ROAD sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 22 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 22 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 22 KING RICHARD ROAD?

22 KING RICHARD ROAD is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 22 on KING RICHARD ROAD.