7, FERNHILL WAY, WOLVEY, HINCKLEY, LE10 3LP - £475,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 FERNHILL WAY is a large detached house of 159m², built sometime between 1976 and 1982, which could now be worth an estimated £542,116. It was last sold for £475,000 in April 2021, which was around 19% above the average April 2021 detached price in the Rugby local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

7 FERNHILL WAY Sold Prices

Land registry data shows four sales for 7 FERNHILL WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. All of the four 7 FERNHILL 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
2021 15 APR	£475,000	£397,897	19% above HPI
2016 30 SEP	£375,000	£333,949	12% above HPI
2006 17 AUG	£310,000	£255,122	22% above HPI
2002 12 JUN	£250,000	£170,431	47% above HPI

7 FERNHILL WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rugby local authority area over time, sourced from the HPI. The four 7 FERNHILL WAY sales between June 2002 and April 2021 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 2016 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the April 2021 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 7 FERNHILL WAY be worth now?

7 FERNHILL WAY might now be worth an estimated £542,116.

This is based on house price inflation of 14.1%, between April 2021 and December 2024, for detached houses, in the Rugby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.1% inflationary increase is applied to the most recent sale price for 7 FERNHILL WAY of £475,000 on 15th April 2021. For the value to have increased from £475,000 to £542,116 over the two years and four months to December 2024, the following assumptions must hold true:

• The value of 7 FERNHILL WAY has moved in line with the HPI for detached houses in the Rugby local authority area.
• The April 2021 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FERNHILL WAY has not materially changed since April 2021.

How Large is 7 FERNHILL WAY?

7 FERNHILL WAY is 159m² according to the EPC inspection conducted in April 2016. This puts it in the largest 40% of detached houses houses in Wolvey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolvey, and where 7 FERNHILL WAY lies on this distribution: 65% of detached houses houses are smaller than 7 FERNHILL WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Wolvey.

7 FERNHILL WAY: Plot and Title Map

7 FERNHILL WAY sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 7 FERNHILL 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 FERNHILL 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 FERNHILL WAY?

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