3, CLEVELAND ROAD, HINCKLEY, LE10 0AJ - £355,000

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

3 CLEVELAND ROAD is a very large extended detached house of 270m², built sometime between 1900 and 1929. It was last sold for £355,000 in January 2015, which was around 48% above the average January 2015 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2014, where the current energy rating was G, and the potential energy rating was C.

3 CLEVELAND ROAD Sold Prices

Land registry data shows two sales for 3 CLEVELAND ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 3 CLEVELAND ROAD 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
2015 6 JAN	£355,000	£239,969	48% above HPI
2000 29 MAR	£182,000	£97,693	86% above HPI

3 CLEVELAND 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 two 3 CLEVELAND ROAD sales from March 2000 and January 2015 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 March 2000 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the January 2015 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 3 CLEVELAND ROAD?

3 CLEVELAND ROAD is 270m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 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 3 CLEVELAND ROAD lies on this distribution: 99% of detached houses are smaller than 3 CLEVELAND ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

3 CLEVELAND ROAD: Plot and Title Map

3 CLEVELAND ROAD sits on a plot of roughly 0.386 of an acre, or 1,562m². The below map shows the location of 3 CLEVELAND 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 3 CLEVELAND 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 3 CLEVELAND ROAD?

3 CLEVELAND ROAD is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 3 on CLEVELAND ROAD.