5, ROCKET DRIVE, HINCKLEY, LE10 0JP - £185,000

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

5 ROCKET DRIVE is a very small detached house of 83m². It was last sold for £185,000 in August 2015, which was around 26% below the average August 2015 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was C.

5 ROCKET DRIVE Sold Prices

Land registry data shows two sales for 5 ROCKET DRIVE 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 5 ROCKET DRIVE 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
2015 6 AUG	£185,000	£249,256	26% below HPI
2012 24 AUG	£175,950	£217,038	19% below HPI

5 ROCKET DRIVE 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 5 ROCKET DRIVE sales from August 2012 and August 2015 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 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2015 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 5 ROCKET DRIVE?

5 ROCKET DRIVE is 83m² according to the EPC inspection conducted in June 2012. 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 5 ROCKET DRIVE lies on this distribution: 18% of detached houses are smaller than 5 ROCKET DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

5 ROCKET DRIVE: Plot and Title Map

5 ROCKET DRIVE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 5 ROCKET DRIVE, 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 ROCKET DRIVE). 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 5 ROCKET DRIVE?

5 ROCKET DRIVE is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 5 on ROCKET DRIVE.