LESTER HOUSE, WATLING STREET, HINCKLEY, LE10 3ED - £401,000

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.

LESTER HOUSE is a large extended detached house of 125m², built sometime before 1900, which could now be worth an estimated £406,527. It was last sold for £401,000 in August 2024, which was around 7% above the average August 2024 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

LESTER HOUSE Sold Prices

Land registry data shows three sales for LESTER HOUSE 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 LESTER HOUSE 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 30 AUG	£401,000	£375,866	7% above HPI
2014 23 MAY	£245,000	£221,984	10% above HPI
2004 14 JAN	£187,000	£175,987	6% above HPI

LESTER HOUSE 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 LESTER HOUSE sales between January 2004 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 May 2014 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2024 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might LESTER HOUSE be worth now?

LESTER HOUSE might now be worth an estimated £406,527.

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 LESTER HOUSE of £401,000 on 30th August 2024. For the value to have increased from £401,000 to £406,527 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of LESTER HOUSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The August 2024 sale price of £401,000 represented a fair market value for the property.
• The size, condition, and specification of LESTER HOUSE has not materially changed since August 2024.

How Large is LESTER HOUSE?

LESTER HOUSE is 125m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 40% 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 LESTER HOUSE lies on this distribution: 64% of detached houses houses are smaller than LESTER HOUSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

LESTER HOUSE: Plot and Title Map

LESTER HOUSE sits on a plot of roughly 0.199 of an acre, or 806m². The below map shows the location of LESTER HOUSE, 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 LESTER HOUSE). 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 LESTER HOUSE?

LESTER HOUSE is located on WATLING STREET in HINCKLEY, in the LE10 postcode district. The below map shows the position of LESTER HOUSE on WATLING STREET.