39, HERALD WAY, BURBAGE, HINCKLEY, LE10 2NX - £312,000

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.

39 HERALD WAY is a midsized extended detached house of 116m², built sometime between 1991 and 1995, which could now be worth an estimated £412,180. It was last sold for £312,000 in January 2019, which was around 8% above the average January 2019 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

39 HERALD WAY Sold Prices

Land registry data shows four sales for 39 HERALD WAY 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 39 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
2019 11 JAN	£312,000	£288,434	8% above HPI
2016 9 DEC	£290,000	£257,648	13% above HPI
2005 14 APR	£225,000	£203,501	11% above HPI
1999 8 OCT	£112,000	£92,195	21% above HPI

39 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 four 39 HERALD WAY sales between October 1999 and January 2019 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 2016 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the January 2019 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 39 HERALD WAY be worth now?

39 HERALD WAY might now be worth an estimated £412,180.

This is based on house price inflation of 32.1%, between January 2019 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 32.1% inflationary increase is applied to the most recent sale price for 39 HERALD WAY of £312,000 on 11th January 2019. For the value to have increased from £312,000 to £412,180 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of 39 HERALD WAY has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The January 2019 sale price of £312,000 represented a fair market value for the property.
• The size, condition, and specification of 39 HERALD WAY has not materially changed since January 2019.

How Large is 39 HERALD WAY?

39 HERALD WAY is 116m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 50% 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 39 HERALD WAY lies on this distribution: 55% of detached houses houses are smaller than 39 HERALD WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

39 HERALD WAY: Plot and Title Map

39 HERALD WAY sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 39 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 39 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 39 HERALD WAY?

39 HERALD WAY is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 39 on HERALD WAY.