65, THE RIDGEWAY, BURBAGE, HINCKLEY, LE10 2NR - £340,000

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

65 THE RIDGEWAY is a very small detached house of 66m², built sometime between 1976 and 1982. It was last sold for £340,000 in May 2023, which was around 11% below the average May 2023 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

65 THE RIDGEWAY Sold Prices

Land registry data shows four sales for 65 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the four 65 THE RIDGEWAY 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 15 MAY	£340,000	£383,030	11% below HPI
2011 4 APR	£175,000	£214,467	18% below HPI
2001 27 JUL	£84,500	£119,780	29% below HPI
2000 26 MAY	£84,000	£105,219	20% below HPI

65 THE RIDGEWAY 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 four 65 THE RIDGEWAY sales between May 2000 and May 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 April 2011 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 65 THE RIDGEWAY?

65 THE RIDGEWAY is 66m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of detached houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where 65 THE RIDGEWAY lies on this distribution: 5% of detached houses are smaller than 65 THE RIDGEWAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

65 THE RIDGEWAY: Plot and Title Map

65 THE RIDGEWAY sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 65 THE RIDGEWAY, 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 65 THE RIDGEWAY). 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 65 THE RIDGEWAY?

65 THE RIDGEWAY is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 65 on THE RIDGEWAY.