24, INDIGO DRIVE, BURBAGE, HINCKLEY, LE10 2QJ - £245,000

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

24 INDIGO DRIVE is a very small detached house of 81m². It was last sold for £245,000 in September 2021, which was around 30% below the average September 2021 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was November 2014, where the current energy rating was B, and the potential energy rating was A.

24 INDIGO DRIVE Sold Prices

Land registry data shows four sales for 24 INDIGO DRIVE 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 24 INDIGO DRIVE 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 16 SEP	£245,000	£349,424	30% below HPI
2017 28 JUL	£200,000	£287,755	30% below HPI
2017 23 JUN	£215,000	£283,887	24% below HPI
2014 19 DEC	£190,000	£239,343	21% below HPI

24 INDIGO 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 four 24 INDIGO DRIVE sales between December 2014 and September 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 July 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2021 sale, which was also at 30% below the HPI.

How Large is 24 INDIGO DRIVE?

24 INDIGO DRIVE is 81m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where 24 INDIGO DRIVE lies on this distribution: 15% of detached houses are smaller than 24 INDIGO DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

24 INDIGO DRIVE: Plot and Title Map

24 INDIGO DRIVE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 24 INDIGO 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 INDIGO 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 INDIGO DRIVE?

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