47, HERALD WAY, BURBAGE, HINCKLEY, LE10 2NX - £149,000

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

47 HERALD WAY is a large detached house of 129m², built sometime between 1991 and 1995. It was last sold for £149,000 in April 2002, which was around 8% above the average April 2002 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

47 HERALD WAY Sold Prices

Land registry data shows two sales for 47 HERALD WAY 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 47 HERALD 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
2002 19 APR	£149,000	£137,541	8% above HPI
2001 6 APR	£148,000	£115,942	28% above HPI

47 HERALD 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 two 47 HERALD WAY sales from April 2001 and April 2002 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 April 2001 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the April 2002 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 47 HERALD WAY?

47 HERALD WAY is 129m² according to the EPC inspection conducted in November 2022. 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 47 HERALD WAY lies on this distribution: 68% of detached houses are smaller than 47 HERALD WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

47 HERALD WAY: Plot and Title Map

47 HERALD WAY sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 47 HERALD 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 47 HERALD 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 47 HERALD WAY?

47 HERALD WAY is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 47 on HERALD WAY.