38, HERALD WAY, BURBAGE, HINCKLEY, LE10 2NX - £375,000

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

38 HERALD WAY is a large detached house of 132m², built sometime between 1991 and 1995. It was last sold for £375,000 in July 2020, which was around 19% above the average July 2020 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

38 HERALD WAY Sold Prices

Land registry data shows three sales for 38 HERALD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the three 38 HERALD 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
2020 31 JUL	£375,000	£315,600	19% above HPI
2000 25 AUG	£165,000	£106,588	55% above HPI
1995 13 JUL	£121,000	£72,353	67% above HPI

38 HERALD 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 three 38 HERALD WAY sales between July 1995 and July 2020 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 2000 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the July 2020 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 38 HERALD WAY?

38 HERALD WAY is 132m² according to the EPC inspection conducted in April 2013. This puts it in the largest 30% of detached houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where 38 HERALD WAY lies on this distribution: 71% of detached houses are smaller than 38 HERALD WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

38 HERALD WAY: Plot and Title Map

38 HERALD WAY sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 38 HERALD 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 38 HERALD 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 38 HERALD WAY?

38 HERALD WAY is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 38 on HERALD WAY.