4, MORLAND DRIVE, HINCKLEY, LE10 0GG - £257,500

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 MORLAND DRIVE is a small detached house of 98m², built sometime between 1991 and 1995, which could now be worth an estimated £334,871. It was last sold for £257,500 in April 2019, which was around 12% below the average April 2019 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

4 MORLAND DRIVE Sold Prices

Land registry data shows seven sales for 4 MORLAND DRIVE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the seven 4 MORLAND DRIVE 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
2019 8 APR	£257,500	£293,007	12% below HPI
2015 22 MAY	£217,000	£228,478	5% below HPI
2013 19 JUL	£185,000	£203,797	9% below HPI
2010 12 MAR	£168,000	£200,436	16% below HPI
2004 26 MAY	£179,000	£185,321	3% below HPI
2000 22 SEP	£99,500	£104,394	5% below HPI
1996 3 OCT	£69,950	£74,802	6% below HPI

4 MORLAND DRIVE 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 seven 4 MORLAND DRIVE sales between October 1996 and April 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 May 2015 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 4 MORLAND DRIVE be worth now?

4 MORLAND DRIVE might now be worth an estimated £334,871.

This is based on house price inflation of 30%, between April 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 30% inflationary increase is applied to the most recent sale price for 4 MORLAND DRIVE of £257,500 on 8th April 2019. For the value to have increased from £257,500 to £334,871 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 4 MORLAND DRIVE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The April 2019 sale price of £257,500 represented a fair market value for the property.
• The size, condition, and specification of 4 MORLAND DRIVE has not materially changed since April 2019.

How Large is 4 MORLAND DRIVE?

4 MORLAND DRIVE is 98m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 40% 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 MORLAND DRIVE lies on this distribution: 35% of detached houses houses are smaller than 4 MORLAND DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

4 MORLAND DRIVE: Plot and Title Map

4 MORLAND DRIVE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 4 MORLAND DRIVE, 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 MORLAND DRIVE). 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 MORLAND DRIVE?

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