24, FARAY DRIVE, HINCKLEY, LE10 0WZ - £199,950

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.

24 FARAY DRIVE is a very small semi-detached house of 77m², which could now be worth an estimated £262,990. It was last sold for £199,950 in August 2019, which was around 5% above the average August 2019 semi-detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was February 2014, where the current energy rating was B, and the potential energy rating was B.

24 FARAY DRIVE Sold Prices

Land registry data shows two sales for 24 FARAY DRIVE 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 24 FARAY DRIVE 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
2019 27 AUG	£199,950	£189,549	5% above HPI
2014 30 OCT	£169,950	£144,166	18% above HPI

24 FARAY DRIVE 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 24 FARAY DRIVE sales from October 2014 and August 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 October 2014 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2019 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 24 FARAY DRIVE be worth now?

24 FARAY DRIVE might now be worth an estimated £262,990.

This is based on house price inflation of 31.5%, between August 2019 and February 2025, 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 31.5% inflationary increase is applied to the most recent sale price for 24 FARAY DRIVE of £199,950 on 27th August 2019. For the value to have increased from £199,950 to £262,990 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 24 FARAY DRIVE has moved in line with the HPI for semi-detached houses in the Hinckley and Bosworth local authority area.
• The August 2019 sale price of £199,950 represented a fair market value for the property.
• The size, condition, and specification of 24 FARAY DRIVE has not materially changed since August 2019.

How Large is 24 FARAY DRIVE?

24 FARAY DRIVE is 77m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% 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 24 FARAY DRIVE lies on this distribution: 12% of semi-detached houses houses are smaller than 24 FARAY DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

24 FARAY DRIVE: Plot and Title Map

24 FARAY DRIVE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 24 FARAY 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 24 FARAY 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 24 FARAY DRIVE?

24 FARAY DRIVE is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 24 on FARAY DRIVE.