BURNBANK, HALL LANE, PACKINGTON, ASHBY-DE-LA-ZOUCH, LE65 1WE - £374,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

BURNBANK is a midsized extended detached house of 146m², built sometime between 1950 and 1966. It was last sold for £374,500 in July 2016, which was around 52% above the average July 2016 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was G, and the potential energy rating was C.

BURNBANK Sold Prices

Land registry data shows two sales for BURNBANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. Both of the two BURNBANK 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
2016 13 JUL	£374,500	£246,139	52% above HPI
2009 26 NOV	£210,000	£202,787	4% above HPI

BURNBANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two BURNBANK sales from November 2009 and July 2016 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 November 2009 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2016 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is BURNBANK?

BURNBANK is 146m², which includes three extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 50% of detached houses in Packington, based on EPC data. The below chart shows the distribution of detached houses by size in Packington, and where BURNBANK lies on this distribution: 53% of detached houses are smaller than BURNBANK, and 46% of houses are larger. Note that EPC data is not available for all properties in Packington.

BURNBANK: Plot and Title Map

BURNBANK sits on a plot of roughly 0.174 of an acre, or 706m². The below map shows the location of BURNBANK, 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 BURNBANK). 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 BURNBANK?

BURNBANK is located on HALL LANE in PACKINGTON, in the LE65 postcode district. The below map shows the position of BURNBANK on HALL LANE.