39, SEVERN AVENUE, HINCKLEY, LE10 0YD - £160,000

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 SEVERN AVENUE is a small extended detached house of 91m², built sometime between 1983 and 1990. It was last sold for £160,000 in October 2012, which was around 24% below the average October 2012 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

39 SEVERN AVENUE Sold Prices

Land registry data shows two sales for 39 SEVERN AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 39 SEVERN 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
2012 4 OCT	£160,000	£211,379	24% below HPI
1997 2 MAY	£52,000	£80,722	36% below HPI

39 SEVERN 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 two 39 SEVERN AVENUE sales from May 1997 and October 2012 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 May 1997 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2012 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 39 SEVERN AVENUE?

39 SEVERN AVENUE is 91m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 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 39 SEVERN AVENUE lies on this distribution: 27% of detached houses are smaller than 39 SEVERN AVENUE, and 72% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

39 SEVERN AVENUE: Plot and Title Map

39 SEVERN AVENUE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 39 SEVERN 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 39 SEVERN 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 39 SEVERN AVENUE?

39 SEVERN AVENUE is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 39 on SEVERN AVENUE.