ASPEN, CHAPEL STREET, SHARNFORD, HINCKLEY, LE10 3PF - £364,000

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.

ASPEN is a midsized extended detached house of 113m², built sometime between 1950 and 1966, which could now be worth an estimated £419,645. It was last sold for £364,000 in May 2021, which was around 8% above the average May 2021 detached price in the Blaby local authority area. The most recent EPC inspection was April 2013, where the current energy rating was B, and the potential energy rating was B.

ASPEN Sold Prices

Land registry data shows two sales for ASPEN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. One of the two ASPEN sales was for above the average price, whilst the other was 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
2021 24 MAY	£364,000	£336,138	8% above HPI
2003 16 AUG	£60,000	£178,414	66% below HPI

ASPEN Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The two ASPEN sales from August 2003 and May 2021 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 2003 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the May 2021 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might ASPEN be worth now?

ASPEN might now be worth an estimated £419,645.

This is based on house price inflation of 15.3%, between May 2021 and March 2025, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.3% inflationary increase is applied to the most recent sale price for ASPEN of £364,000 on 24th May 2021. For the value to have increased from £364,000 to £419,645 over the four years and two months to March 2025, the following assumptions must hold true:

• The value of ASPEN has moved in line with the HPI for detached houses in the Blaby local authority area.
• The May 2021 sale price of £364,000 represented a fair market value for the property.
• The size, condition, and specification of ASPEN has not materially changed since May 2021.

How Large is ASPEN?

ASPEN is 113m², which includes two extensions, according to the EPC inspection conducted in April 2013. This puts it in the smallest 50% of detached houses houses in Sharnford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sharnford, and where ASPEN lies on this distribution: 41% of detached houses houses are smaller than ASPEN, and 59% of houses are larger. Note that EPC data is not available for all properties in Sharnford.

ASPEN: Plot and Title Map

ASPEN sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of ASPEN, 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 ASPEN). 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 ASPEN?

ASPEN is located on CHAPEL STREET in SHARNFORD, in the LE10 postcode district. The below map shows the position of ASPEN on CHAPEL STREET.