48, BUTT LANE, HINCKLEY, LE10 1LD - £390,000

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

48 BUTT LANE is a large extended detached house of 140m², built sometime between 1950 and 1966. It was last sold for £390,000 in May 2019, which was around 26% above the average May 2019 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.

48 BUTT LANE Sold Prices

Land registry data shows three sales for 48 BUTT LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the three 48 BUTT LANE 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
2019 29 MAY	£390,000	£309,344	26% above HPI
2003 1 AUG	£248,000	£179,330	38% above HPI
1997 3 OCT	£84,950	£84,400	1% above HPI

48 BUTT 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 three 48 BUTT LANE sales between October 1997 and May 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 August 2003 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the May 2019 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 48 BUTT LANE?

48 BUTT LANE is 140m², which includes two extensions, according to the EPC inspection conducted in December 2018. This puts it in the largest 30% of detached houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where 48 BUTT LANE lies on this distribution: 76% of detached houses are smaller than 48 BUTT LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

48 BUTT LANE: Plot and Title Map

48 BUTT LANE sits on a plot of roughly 0.172 of an acre, or 696m². The below map shows the location of 48 BUTT 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 48 BUTT 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 48 BUTT LANE?

48 BUTT LANE is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 48 on BUTT LANE.