50, NEWSTEAD AVENUE, BURBAGE, HINCKLEY, LE10 2JB - £472,500

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.

50 NEWSTEAD AVENUE is a midsized detached house of 108m², built sometime between 1967 and 1975, which could now be worth an estimated £504,118. It was last sold for £472,500 in April 2022, which was around 32% above the average April 2022 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

50 NEWSTEAD AVENUE Sold Prices

Land registry data shows three sales for 50 NEWSTEAD AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Two of the three 50 NEWSTEAD AVENUE sales were for above the average price, whilst one was 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 22 APR	£472,500	£357,148	32% above HPI
2019 20 SEP	£415,000	£302,325	37% above HPI
2018 9 FEB	£248,000	£281,130	12% below HPI

50 NEWSTEAD AVENUE 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 three 50 NEWSTEAD AVENUE sales between February 2018 and April 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 September 2019 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the April 2022 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 50 NEWSTEAD AVENUE be worth now?

50 NEWSTEAD AVENUE might now be worth an estimated £504,118.

This is based on house price inflation of 6.7%, between April 2022 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 6.7% inflationary increase is applied to the most recent sale price for 50 NEWSTEAD AVENUE of £472,500 on 22nd April 2022. For the value to have increased from £472,500 to £504,118 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 50 NEWSTEAD AVENUE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The April 2022 sale price of £472,500 represented a fair market value for the property.
• The size, condition, and specification of 50 NEWSTEAD AVENUE has not materially changed since April 2022.

How Large is 50 NEWSTEAD AVENUE?

50 NEWSTEAD AVENUE is 108m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 50% 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 50 NEWSTEAD AVENUE lies on this distribution: 46% of detached houses houses are smaller than 50 NEWSTEAD AVENUE, and 53% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

50 NEWSTEAD AVENUE: Plot and Title Map

50 NEWSTEAD AVENUE sits on a plot of roughly 0.172 of an acre, or 696m². The below map shows the location of 50 NEWSTEAD AVENUE, 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 50 NEWSTEAD AVENUE). 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 50 NEWSTEAD AVENUE?

50 NEWSTEAD AVENUE is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 50 on NEWSTEAD AVENUE.