38, PYEHARPS ROAD, BURBAGE, HINCKLEY, LE10 2JE - £186,000

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 PYEHARPS ROAD is a very small extended detached house of 85m², built sometime between 1976 and 1982, which could now be worth an estimated £296,722. It was last sold for £186,000 in October 2015, which was around 23% below the average October 2015 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was B.

38 PYEHARPS ROAD Sold Prices

Land registry data shows four sales for 38 PYEHARPS ROAD 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 PYEHARPS 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	£186,000	£240,394	23% below HPI
2006 28 APR	£196,000	£213,177	8% below HPI
2002 1 FEB	£111,000	£127,144	13% below HPI
1997 31 JAN	£67,500	£74,672	10% below HPI

38 PYEHARPS 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 four 38 PYEHARPS ROAD sales between January 1997 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 April 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2015 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 38 PYEHARPS ROAD be worth now?

38 PYEHARPS ROAD might now be worth an estimated £296,722.

This is based on house price inflation of 59.5%, between October 2015 and March 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 59.5% inflationary increase is applied to the most recent sale price for 38 PYEHARPS ROAD of £186,000 on 9th October 2015. For the value to have increased from £186,000 to £296,722 over the ten years and seven months to March 2025, the following assumptions must hold true:

• The value of 38 PYEHARPS ROAD has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The October 2015 sale price of £186,000 represented a fair market value for the property.
• The size, condition, and specification of 38 PYEHARPS ROAD has not materially changed since October 2015.

How Large is 38 PYEHARPS ROAD?

38 PYEHARPS ROAD is 85m², which includes two extensions, according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of detached houses houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hinckley, and where 38 PYEHARPS ROAD lies on this distribution: 20% of detached houses houses are smaller than 38 PYEHARPS ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

38 PYEHARPS ROAD: Plot and Title Map

38 PYEHARPS ROAD sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 38 PYEHARPS 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 38 PYEHARPS 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 38 PYEHARPS ROAD?

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