7, CANAL WAY, HINCKLEY, LE10 0DE - £270,000

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

7 CANAL WAY is a midsized detached house of 110m², built sometime between 1996 and 2002. It was last sold for £270,000 in October 2015, which was around 7% above the average October 2015 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was A.

7 CANAL WAY Sold Prices

Land registry data shows two sales for 7 CANAL WAY 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. Both of the two 7 CANAL WAY sales were for above 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
2015 30 OCT	£270,000	£252,930	7% above HPI
2002 14 JUL	£181,995	£144,366	26% above HPI

7 CANAL WAY 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 7 CANAL WAY sales from July 2002 and October 2015 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 2002 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2015 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 7 CANAL WAY?

7 CANAL WAY is 110m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 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 7 CANAL WAY lies on this distribution: 48% of detached houses are smaller than 7 CANAL WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

7 CANAL WAY: Plot and Title Map

7 CANAL WAY sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 7 CANAL WAY, 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 7 CANAL WAY). 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 7 CANAL WAY?

7 CANAL WAY is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 7 on CANAL WAY.