8, FERNELEY AVENUE, HINCKLEY, LE10 0FE - £300,000

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.

8 FERNELEY AVENUE is a small extended detached house of 98m², built sometime between 1996 and 2002, which could now be worth an estimated £320,075. It was last sold for £300,000 in April 2022, which was around 16% below the average April 2022 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

8 FERNELEY AVENUE Sold Prices

Land registry data shows four sales for 8 FERNELEY 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. Most of the four 8 FERNELEY AVENUE 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
2022 14 APR	£300,000	£357,148	16% below HPI
2019 12 AUG	£230,000	£296,418	22% below HPI
2007 4 MAY	£188,000	£218,906	14% below HPI
1999 30 APR	£85,950	£83,091	3% above HPI

8 FERNELEY 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 8 FERNELEY AVENUE sales between April 1999 and April 2022 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 August 2019 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 8 FERNELEY AVENUE be worth now?

8 FERNELEY AVENUE might now be worth an estimated £320,075.

This is based on house price inflation of 6.7%, between April 2022 and February 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 6.7% inflationary increase is applied to the most recent sale price for 8 FERNELEY AVENUE of £300,000 on 14th April 2022. For the value to have increased from £300,000 to £320,075 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 8 FERNELEY AVENUE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The April 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FERNELEY AVENUE has not materially changed since April 2022.

How Large is 8 FERNELEY AVENUE?

8 FERNELEY AVENUE is 98m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 40% 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 8 FERNELEY AVENUE lies on this distribution: 35% of detached houses houses are smaller than 8 FERNELEY AVENUE, and 64% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

8 FERNELEY AVENUE: Plot and Title Map

8 FERNELEY AVENUE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 8 FERNELEY 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 8 FERNELEY 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 8 FERNELEY AVENUE?

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