74, NEWSTEAD AVENUE, BURBAGE, HINCKLEY, LE10 2JB - £327,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

74 NEWSTEAD AVENUE is a very small detached house of 71m², built sometime between 1950 and 1966, which could now be worth an estimated £384,101. It was last sold for £327,500 in June 2021, which was about the average June 2021 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

74 NEWSTEAD AVENUE Sold Prices

Land registry data shows four sales for 74 NEWSTEAD AVENUE 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. The four 74 NEWSTEAD AVENUE sales were a mix of roughly equal to the average price, above the average price, and 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
2021 18 JUN	£327,500	£326,983	Close to HPI
2018 10 OCT	£269,000	£298,502	10% below HPI
2001 22 AUG	£126,000	£114,160	10% above HPI
1995 5 MAY	£68,500	£70,978	3% below HPI

74 NEWSTEAD AVENUE 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 74 NEWSTEAD AVENUE sales between May 1995 and June 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 October 2018 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 74 NEWSTEAD AVENUE be worth now?

74 NEWSTEAD AVENUE might now be worth an estimated £384,101.

This is based on house price inflation of 17.3%, between June 2021 and March 2025, for detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.3% inflationary increase is applied to the most recent sale price for 74 NEWSTEAD AVENUE of £327,500 on 18th June 2021. For the value to have increased from £327,500 to £384,101 over the four years and three months to March 2025, the following assumptions must hold true:

• The value of 74 NEWSTEAD AVENUE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The June 2021 sale price of £327,500 represented a fair market value for the property.
• The size, condition, and specification of 74 NEWSTEAD AVENUE has not materially changed since June 2021.

How Large is 74 NEWSTEAD AVENUE?

74 NEWSTEAD AVENUE is 71m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% of detached houses houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hinckley, and where 74 NEWSTEAD AVENUE lies on this distribution: 8% of detached houses houses are smaller than 74 NEWSTEAD AVENUE, and 92% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

74 NEWSTEAD AVENUE: Plot and Title Map

74 NEWSTEAD AVENUE sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of 74 NEWSTEAD AVENUE, 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 74 NEWSTEAD AVENUE). 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 74 NEWSTEAD AVENUE?

74 NEWSTEAD AVENUE is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 74 on NEWSTEAD AVENUE.