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
485 COVENTRY ROAD is a small extended detached house of 93m², built sometime between 1930 and 1949. It was last sold for £300,000 in August 2022, which was around 27% below the average August 2022 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 485 COVENTRY ROAD since 1st 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 485 COVENTRY ROAD 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 |
---|---|---|---|
2022 26 AUG | £300,000 | £409,046 | 27% below HPI |
2015 23 JAN | £210,500 | £239,969 | 12% below HPI |
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 485 COVENTRY ROAD sales from January 2015 and August 2022 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 January 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
485 COVENTRY ROAD is 93m², which includes two extensions, according to the EPC inspection conducted in October 2014. This puts it in the smallest 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 485 COVENTRY ROAD lies on this distribution: 30% of detached houses are smaller than 485 COVENTRY ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Hinckley.
485 COVENTRY ROAD sits on a plot of roughly 0.217 of an acre, or 876m². The below map shows the location of 485 COVENTRY ROAD, 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 485 COVENTRY ROAD). 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.
485 COVENTRY ROAD is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 485 on COVENTRY ROAD.