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
54 TEIGN BANK ROAD is a large extended detached house of 121m², built sometime between 1930 and 1949. It was last sold for £328,000 in September 2023, which was around 18% below the average September 2023 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 54 TEIGN BANK ROAD since 1st 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. All of the three 54 TEIGN BANK 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 |
---|---|---|---|
2023 29 SEP | £328,000 | £398,360 | 18% below HPI |
2021 8 FEB | £275,000 | £337,381 | 18% below HPI |
2011 29 JUN | £144,995 | £212,134 | 32% below HPI |
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 54 TEIGN BANK ROAD sales between June 2011 and September 2023 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 February 2021 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2023 sale, which was also at 18% below the HPI.
54 TEIGN BANK ROAD is 121m², which includes three extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 40% of detached houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where 54 TEIGN BANK ROAD lies on this distribution: 61% of detached houses are smaller than 54 TEIGN BANK ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Hinckley.
54 TEIGN BANK ROAD sits on a plot of roughly 0.155 of an acre, or 626m². The below map shows the location of 54 TEIGN BANK 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 54 TEIGN BANK 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.
54 TEIGN BANK ROAD is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 54 on TEIGN BANK ROAD.