3, PADDOCK WAY, HINCKLEY, LE10 0FJ - £249,950

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 PADDOCK WAY is a midsized detached house of 110m², built sometime between 1996 and 2002. It was last sold for £249,950 in March 2008, which was around 7% above the average March 2008 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

3 PADDOCK WAY Sold Prices

Land registry data shows two sales for 3 PADDOCK WAY 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 PADDOCK WAY 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
2008 14 MAR	£249,950	£232,767	7% above HPI
2003 18 DEC	£229,950	£184,807	24% above HPI

3 PADDOCK WAY 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 PADDOCK WAY sales from December 2003 and March 2008 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 December 2003 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the March 2008 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 3 PADDOCK WAY?

3 PADDOCK WAY is 110m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 50% 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 PADDOCK WAY lies on this distribution: 48% of detached houses are smaller than 3 PADDOCK WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

3 PADDOCK WAY: Plot and Title Map

3 PADDOCK WAY sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 3 PADDOCK WAY, 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 PADDOCK WAY). 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 PADDOCK WAY?

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