38, ELWELL AVENUE, BARWELL, LEICESTER, LE9 8FH - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

38 ELWELL AVENUE is a small extended detached house of 85m², built sometime between 1996 and 2002, which could now be worth an estimated £262,122. It was last sold for £250,000 in March 2024, which was around 31% below the average March 2024 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

38 ELWELL AVENUE Sold Prices

Land registry data shows four sales for 38 ELWELL AVENUE 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 38 ELWELL AVENUE 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
2024 22 MAR	£250,000	£363,425	31% below HPI
2019 9 JUL	£192,000	£295,772	35% below HPI
2007 23 MAR	£142,000	£222,420	36% below HPI
2007 23 FEB	£140,000	£222,857	37% below HPI

38 ELWELL AVENUE 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 38 ELWELL AVENUE sales between February 2007 and March 2024 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 2019 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2024 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 38 ELWELL AVENUE be worth now?

38 ELWELL AVENUE might now be worth an estimated £262,122.

This is based on house price inflation of 4.8%, between March 2024 and February 2025, for detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.8% inflationary increase is applied to the most recent sale price for 38 ELWELL AVENUE of £250,000 on 22nd March 2024. For the value to have increased from £250,000 to £262,122 over the one year and one month to February 2025, the following assumptions must hold true:

• The value of 38 ELWELL AVENUE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The March 2024 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 38 ELWELL AVENUE has not materially changed since March 2024.

How Large is 38 ELWELL AVENUE?

38 ELWELL AVENUE is 85m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses houses in Barwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barwell, and where 38 ELWELL AVENUE lies on this distribution: 28% of detached houses houses are smaller than 38 ELWELL AVENUE, and 70% of houses are larger. Note that EPC data is not available for all properties in Barwell.

38 ELWELL AVENUE: Plot and Title Map

38 ELWELL AVENUE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 38 ELWELL AVENUE, 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 38 ELWELL AVENUE). 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 38 ELWELL AVENUE?

38 ELWELL AVENUE is located in BARWELL, in the LE9 postcode district. The below map shows the position of No. 38 on ELWELL AVENUE.