4, PADDOCK WAY, HINCKLEY, LE10 0FJ - £283,000

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

4 PADDOCK WAY is a large extended detached house of 122m², built sometime between 2003 and 2006. It was last sold for £283,000 in June 2021, which was around 18% below the average June 2021 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was B.

4 PADDOCK WAY Sold Prices

Land registry data shows four sales for 4 PADDOCK 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. Most of the four 4 PADDOCK 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
2021 11 JUN	£283,000	£344,034	18% below HPI
2011 20 JUN	£225,000	£212,134	6% above HPI
2004 15 SEP	£227,000	£215,464	5% above HPI
2002 6 SEP	£179,950	£156,809	15% above HPI

4 PADDOCK 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 4 PADDOCK WAY sales between September 2002 and June 2021 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 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 4 PADDOCK WAY?

4 PADDOCK WAY is 122m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 40% 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 WAY lies on this distribution: 61% of detached houses are smaller than 4 PADDOCK WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

4 PADDOCK WAY: Plot and Title Map

4 PADDOCK WAY sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 4 PADDOCK 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 4 PADDOCK 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 4 PADDOCK WAY?

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