5, VICTORIA ROAD, BURBAGE, HINCKLEY, LE10 2JG - £387,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 VICTORIA ROAD is a small extended detached house of 98m², built sometime between 1900 and 1929, which could now be worth an estimated £505,378. It was last sold for £387,000 in August 2018, which was around 33% above the average August 2018 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was March 2013, where the current energy rating was F, and the potential energy rating was C.

5 VICTORIA ROAD Sold Prices

Land registry data shows two sales for 5 VICTORIA ROAD 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 5 VICTORIA ROAD sales was for above the average price, whilst the other was roughly equal to 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
2018 24 AUG	£387,000	£291,792	33% above HPI
2014 31 JUL	£223,000	£222,691	Close to HPI

5 VICTORIA ROAD 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 VICTORIA ROAD sales from July 2014 and August 2018 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 July 2014 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2018 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 5 VICTORIA ROAD be worth now?

5 VICTORIA ROAD might now be worth an estimated £505,378.

This is based on house price inflation of 30.6%, between August 2018 and February 2025, for detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.6% inflationary increase is applied to the most recent sale price for 5 VICTORIA ROAD of £387,000 on 24th August 2018. For the value to have increased from £387,000 to £505,378 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 5 VICTORIA ROAD has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The August 2018 sale price of £387,000 represented a fair market value for the property.
• The size, condition, and specification of 5 VICTORIA ROAD has not materially changed since August 2018.

How Large is 5 VICTORIA ROAD?

5 VICTORIA ROAD is 98m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 40% of detached houses houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hinckley, and where 5 VICTORIA ROAD lies on this distribution: 35% of detached houses houses are smaller than 5 VICTORIA ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

5 VICTORIA ROAD: Plot and Title Map

5 VICTORIA ROAD sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 5 VICTORIA 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 VICTORIA 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.

Where is 5 VICTORIA ROAD?

5 VICTORIA ROAD is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 5 on VICTORIA ROAD.