56, COVENTRY ROAD, BURBAGE, HINCKLEY, LE10 2HP - £425,000

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

56 COVENTRY ROAD is a midsized detached house of 114m², built sometime between 2003 and 2006. It was last sold for £425,000 in May 2022, which was around 12% above the average May 2022 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

56 COVENTRY ROAD Sold Prices

Land registry data shows two sales for 56 COVENTRY 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 56 COVENTRY 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
2022 27 MAY	£425,000	£378,087	12% above HPI
2020 29 MAY	£315,000	£313,993	Close to HPI

56 COVENTRY 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 56 COVENTRY ROAD sales from May 2020 and May 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 May 2020 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2022 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 56 COVENTRY ROAD?

56 COVENTRY ROAD is 114m² according to the EPC inspection conducted in April 2012. This puts it in the largest 50% of detached houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where 56 COVENTRY ROAD lies on this distribution: 53% of detached houses are smaller than 56 COVENTRY ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

56 COVENTRY ROAD: Plot and Title Map

56 COVENTRY ROAD sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 56 COVENTRY 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 56 COVENTRY 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 56 COVENTRY ROAD?

56 COVENTRY ROAD is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 56 on COVENTRY ROAD.