4, PADDOCK LANE, BURBAGE, HINCKLEY, LE10 2JD - £175,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 PADDOCK LANE is a very small detached house of 67m², built sometime between 1950 and 1966. It was last sold for £175,000 in December 2011, which was around 18% below the average December 2011 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

4 PADDOCK LANE Sold Prices

Land registry data shows two sales for 4 PADDOCK LANE 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 4 PADDOCK LANE 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
2011 14 DEC	£175,000	£214,216	18% below HPI
2008 20 MAR	£160,000	£232,767	31% below HPI

4 PADDOCK LANE 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 4 PADDOCK LANE sales from March 2008 and December 2011 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 March 2008 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2011 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 4 PADDOCK LANE?

4 PADDOCK LANE is 67m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% of detached houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where 4 PADDOCK LANE lies on this distribution: 6% of detached houses are smaller than 4 PADDOCK LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

4 PADDOCK LANE: Plot and Title Map

4 PADDOCK LANE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 4 PADDOCK LANE, 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 PADDOCK LANE). 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 PADDOCK LANE?

4 PADDOCK LANE is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 4 on PADDOCK LANE.