DORAL, NUTTS LANE, HINCKLEY, LE10 3EG - £392,000

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.

DORAL is a very large extended detached house of 160m², built sometime between 1900 and 1929, which could now be worth an estimated £456,814. It was last sold for £392,000 in June 2021, which was around 20% above the average June 2021 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

DORAL Sold Prices

Land registry data shows three sales for DORAL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the three DORAL 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
2021 30 JUN	£392,000	£326,983	20% above HPI
2004 8 OCT	£240,000	£207,169	16% above HPI
1999 30 JUL	£180,000	£89,107	102% above HPI

DORAL 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 three DORAL sales between July 1999 and June 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 October 2004 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2021 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might DORAL be worth now?

DORAL might now be worth an estimated £456,814.

This is based on house price inflation of 16.5%, between June 2021 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 16.5% inflationary increase is applied to the most recent sale price for DORAL of £392,000 on 30th June 2021. For the value to have increased from £392,000 to £456,814 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of DORAL has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The June 2021 sale price of £392,000 represented a fair market value for the property.
• The size, condition, and specification of DORAL has not materially changed since June 2021.

How Large is DORAL?

DORAL is 160m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 20% 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 DORAL lies on this distribution: 85% of detached houses houses are smaller than DORAL, and 15% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

DORAL: Plot and Title Map

DORAL sits on a plot of roughly 0.418 of an acre, or 1,691m². The below map shows the location of DORAL, 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 DORAL). 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 DORAL?

DORAL is located on NUTTS LANE in HINCKLEY, in the LE10 postcode district. The below map shows the position of DORAL on NUTTS LANE.