3, FERNESS ROAD, HINCKLEY, LE10 0TB - £148,500

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 FERNESS ROAD is a very small detached house of 61m², built sometime between 1950 and 1966. It was last sold for £148,500 in October 2015, which was around 41% below the average October 2015 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was December 2013, where the current energy rating was E, and the potential energy rating was B.

3 FERNESS ROAD Sold Prices

Land registry data shows two sales for 3 FERNESS 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 FERNESS 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
2015 9 OCT	£148,500	£252,930	41% below HPI
2001 31 AUG	£70,000	£120,112	42% below HPI

3 FERNESS 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 FERNESS ROAD sales from August 2001 and October 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 August 2001 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2015 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 3 FERNESS ROAD?

3 FERNESS ROAD is 61m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 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 FERNESS ROAD lies on this distribution: 3% of detached houses are smaller than 3 FERNESS ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

3 FERNESS ROAD: Plot and Title Map

3 FERNESS ROAD sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 3 FERNESS 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 FERNESS 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 FERNESS ROAD?

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