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
5 HEDGE ROAD is a very small extended detached house of 82m², built sometime between 1991 and 1995. It was last sold for £240,000 in November 2021, which was around 25% below the average November 2021 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 5 HEDGE ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the three 5 HEDGE 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 |
---|---|---|---|
2021 23 NOV | £240,000 | £319,974 | 25% below HPI |
2006 20 OCT | £168,000 | £218,175 | 23% below HPI |
1998 30 JUL | £64,500 | £85,120 | 24% below HPI |
The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The three 5 HEDGE ROAD sales between July 1998 and November 2021 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 October 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
5 HEDGE ROAD is 82m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of detached houses in Hugglescote, based on EPC data. The below chart shows the distribution of detached houses by size in Hugglescote, and where 5 HEDGE ROAD lies on this distribution: 7% of detached houses are smaller than 5 HEDGE ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Hugglescote.
5 HEDGE ROAD sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 5 HEDGE 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 5 HEDGE 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.
5 HEDGE ROAD is located in HUGGLESCOTE, in the LE67 postcode district. The below map shows the position of No. 5 on HEDGE ROAD.