49, PADDOCK WAY, HINCKLEY, LE10 0FJ - £290,000

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

49 PADDOCK WAY is a midsized extended detached house of 118m², built sometime between 1996 and 2002. It was last sold for £290,000 in September 2020, which was around 11% below the average September 2020 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

49 PADDOCK WAY Sold Prices

Land registry data shows two sales for 49 PADDOCK 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. One of the two 49 PADDOCK WAY sales was for below the average price, whilst the other was 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
2020 24 SEP	£290,000	£326,457	11% below HPI
2003 23 APR	£195,950	£174,076	13% above HPI

49 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 two 49 PADDOCK WAY sales from April 2003 and September 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 April 2003 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the September 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 49 PADDOCK WAY?

49 PADDOCK WAY is 118m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the largest 50% of detached houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where 49 PADDOCK WAY lies on this distribution: 57% of detached houses are smaller than 49 PADDOCK WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

49 PADDOCK WAY: Plot and Title Map

49 PADDOCK WAY sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 49 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 49 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 49 PADDOCK WAY?

49 PADDOCK WAY is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 49 on PADDOCK WAY.