4, FERNELEY AVENUE, HINCKLEY, LE10 0FE - £270,000

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.

4 FERNELEY AVENUE is a very small extended detached house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £338,853. It was last sold for £270,000 in August 2020, which was around 11% below the average August 2020 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was C.

4 FERNELEY AVENUE Sold Prices

Land registry data shows four sales for 4 FERNELEY AVENUE 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. Most of the four 4 FERNELEY 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
2020 7 AUG	£270,000	£303,620	11% below HPI
2011 10 JUN	£177,000	£201,620	12% below HPI
2004 23 JUL	£189,000	£191,430	1% below HPI
1999 21 MAY	£89,950	£84,672	6% above HPI

4 FERNELEY 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 four 4 FERNELEY AVENUE sales between May 1999 and August 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 June 2011 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 4 FERNELEY AVENUE be worth now?

4 FERNELEY AVENUE might now be worth an estimated £338,853.

This is based on house price inflation of 25.5%, between August 2020 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 25.5% inflationary increase is applied to the most recent sale price for 4 FERNELEY AVENUE of £270,000 on 7th August 2020. For the value to have increased from £270,000 to £338,853 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 4 FERNELEY AVENUE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The August 2020 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FERNELEY AVENUE has not materially changed since August 2020.

How Large is 4 FERNELEY AVENUE?

4 FERNELEY AVENUE is 82m², which includes two extensions, according to the EPC inspection conducted in November 2010. 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 4 FERNELEY AVENUE lies on this distribution: 17% of detached houses houses are smaller than 4 FERNELEY AVENUE, and 83% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

4 FERNELEY AVENUE: Plot and Title Map

4 FERNELEY AVENUE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 4 FERNELEY 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 4 FERNELEY 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 4 FERNELEY AVENUE?

4 FERNELEY AVENUE is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 4 on FERNELEY AVENUE.