8, FARAY DRIVE, HINCKLEY, LE10 0WZ - £208,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 FARAY DRIVE is a very small detached house of 77m². It was last sold for £208,000 in March 2017, which was around 25% below the average March 2017 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was C.

8 FARAY DRIVE Sold Prices

Land registry data shows two sales for 8 FARAY DRIVE 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 8 FARAY DRIVE 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
2017 31 MAR	£208,000	£276,344	25% below HPI
2015 27 FEB	£184,950	£241,141	23% below HPI

8 FARAY DRIVE 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 8 FARAY DRIVE sales from February 2015 and March 2017 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 February 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2017 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 8 FARAY DRIVE?

8 FARAY DRIVE is 77m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where 8 FARAY DRIVE lies on this distribution: 12% of detached houses are smaller than 8 FARAY DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

8 FARAY DRIVE: Plot and Title Map

8 FARAY DRIVE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 8 FARAY DRIVE, 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 8 FARAY DRIVE). 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 8 FARAY DRIVE?

8 FARAY DRIVE is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 8 on FARAY DRIVE.