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

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

ACREFAIR is a midsized extended detached house of 104m², built sometime between 1950 and 1966. It was last sold for £470,000 in August 2024, which was around 16% 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	£406,872	16% above HPI
2010 28 JAN	£248,150	£210,729	18% above HPI
2001 3 MAY	£159,000	£114,799	39% above HPI
1996 20 MAY	£90,000	£75,226	20% 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 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2024 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

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 in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where ACREFAIR lies on this distribution: 42% of detached houses are smaller than ACREFAIR, and 58% 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.