48, THE FAIRWAY, BURBAGE, HINCKLEY, LE10 2TZ - £315,000

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 THE FAIRWAY is a very small extended detached house of 75m², built sometime between 1950 and 1966. It was last sold for £315,000 in October 2020, which was around 6% below the average October 2020 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

48 THE FAIRWAY Sold Prices

Land registry data shows two sales for 48 THE FAIRWAY 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 48 THE FAIRWAY 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
2020 5 OCT	£315,000	£333,561	6% below HPI
2004 3 DEC	£190,000	£212,250	10% below HPI

48 THE FAIRWAY 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 48 THE FAIRWAY sales from December 2004 and October 2020 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 December 2004 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2020 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 48 THE FAIRWAY?

48 THE FAIRWAY is 75m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the smallest 20% 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 THE FAIRWAY lies on this distribution: 10% of detached houses are smaller than 48 THE FAIRWAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

48 THE FAIRWAY: Plot and Title Map

48 THE FAIRWAY sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 48 THE FAIRWAY, 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 THE FAIRWAY). 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 THE FAIRWAY?

48 THE FAIRWAY is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 48 on THE FAIRWAY.