8, THE COMMON, BARWELL, LEICESTER, LE9 8BR - £145,000

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 THE COMMON is a small semi-detached house of 82m², built sometime between 1930 and 1949, which could now be worth an estimated £193,281. It was last sold for £145,000 in February 2020, which was around 22% below the average February 2020 semi-detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was B.

8 THE COMMON Sold Prices

Land registry data shows four sales for 8 THE COMMON since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the four 8 THE COMMON 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
2020 17 FEB	£145,000	£187,033	22% below HPI
2017 7 APR	£90,000	£168,736	47% below HPI
2004 6 FEB	£85,000	£111,352	24% below HPI
1999 28 JAN	£39,950	£51,650	23% below HPI

8 THE COMMON Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The four 8 THE COMMON sales between January 1999 and February 2020 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 April 2017 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the February 2020 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 8 THE COMMON be worth now?

8 THE COMMON might now be worth an estimated £193,281.

This is based on house price inflation of 33.3%, between February 2020 and February 2025, for semi-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 33.3% inflationary increase is applied to the most recent sale price for 8 THE COMMON of £145,000 on 17th February 2020. For the value to have increased from £145,000 to £193,281 over the five years to February 2025, the following assumptions must hold true:

• The value of 8 THE COMMON has moved in line with the HPI for semi-detached houses in the Hinckley and Bosworth local authority area.
• The February 2020 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE COMMON has not materially changed since February 2020.

How Large is 8 THE COMMON?

8 THE COMMON is 82m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 30% of semi-detached houses houses in Barwell, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Barwell, and where 8 THE COMMON lies on this distribution: 26% of semi-detached houses houses are smaller than 8 THE COMMON, and 74% of houses are larger. Note that EPC data is not available for all properties in Barwell.

8 THE COMMON: Plot and Title Map

8 THE COMMON sits on a plot of roughly 0.033 of an acre, or 134m². The below map shows the location of 8 THE COMMON, 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 THE COMMON). 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 THE COMMON?

8 THE COMMON is located in BARWELL, in the LE9 postcode district. The below map shows the position of No. 8 on THE COMMON.