24, LOVE LANE, BURBAGE, HINCKLEY, LE10 2AL - £580,000

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

24 LOVE LANE is a very large detached house of 172m², built sometime between 1996 and 2002. It was last sold for £580,000 in March 2022, which was around 52% above the average March 2022 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

24 LOVE LANE Sold Prices

Land registry data shows four sales for 24 LOVE LANE 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 LOVE LANE 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
2022 16 MAR	£580,000	£380,666	52% above HPI
2012 14 SEP	£330,000	£214,607	54% above HPI
2005 15 APR	£295,000	£214,112	38% above HPI
2002 22 MAR	£225,000	£135,473	66% above HPI

24 LOVE LANE 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 LOVE LANE sales between March 2002 and March 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 September 2012 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the March 2022 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 24 LOVE LANE?

24 LOVE LANE is 172m² according to the EPC inspection conducted in June 2012. This puts it in the largest 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 LOVE LANE lies on this distribution: 89% of detached houses are smaller than 24 LOVE LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

24 LOVE LANE: Plot and Title Map

24 LOVE LANE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 24 LOVE LANE, 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 LOVE LANE). 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 LOVE LANE?

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