ACREFAIR, SKETCHLEY LANE, BURBAGE, HINCKLEY, LE10 2NG - £470,000

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.

ACREFAIR is a midsized extended detached house of 104m², built sometime between 1950 and 1966, which could now be worth an estimated £476,479. It was last sold for £470,000 in August 2024, which was around 25% above the average August 2024 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

ACREFAIR Sold Prices

Land registry data shows four sales for ACREFAIR 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. All of the four ACREFAIR 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
2024 27 AUG	£470,000	£375,866	25% above HPI
2010 28 JAN	£248,150	£200,285	24% above HPI
2001 3 MAY	£159,000	£109,109	46% above HPI
1996 20 MAY	£90,000	£71,498	26% above HPI

ACREFAIR 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 ACREFAIR sales between May 1996 and August 2024 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 January 2010 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the August 2024 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might ACREFAIR be worth now?

ACREFAIR might now be worth an estimated £476,479.

This is based on house price inflation of 1.4%, between August 2024 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 1.4% inflationary increase is applied to the most recent sale price for ACREFAIR of £470,000 on 27th August 2024. For the value to have increased from £470,000 to £476,479 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of ACREFAIR has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The August 2024 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of ACREFAIR has not materially changed since August 2024.

How Large is ACREFAIR?

ACREFAIR is 104m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 50% 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 ACREFAIR lies on this distribution: 42% of detached houses houses are smaller than ACREFAIR, and 57% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

ACREFAIR: Plot and Title Map

ACREFAIR sits on a plot of roughly 0.183 of an acre, or 739m². The below map shows the location of ACREFAIR, 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 ACREFAIR). 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 ACREFAIR?

ACREFAIR is located on SKETCHLEY LANE in BURBAGE, in the LE10 postcode district. The below map shows the position of ACREFAIR on SKETCHLEY LANE.