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

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

39 HERALD WAY is a midsized extended detached house of 116m², built sometime between 1991 and 1995. It was last sold for £312,000 in January 2019, which was around 3% 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	£303,475	3% above HPI
2016 9 DEC	£290,000	£271,083	7% above HPI
2005 14 APR	£225,000	£214,112	5% above HPI
1999 8 OCT	£112,000	£97,003	15% 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 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2019 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

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 in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where 39 HERALD WAY lies on this distribution: 55% of detached 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.