OAKWELL HOUSE, NUTTS LANE, HINCKLEY, LE10 3EG - £320,000

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.

OAKWELL HOUSE is a midsized detached house of 104m², which could now be worth an estimated £418,309. It was last sold for £320,000 in February 2020, which was around 10% above the average February 2020 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2019, where the current energy rating was B, and the potential energy rating was A.

OAKWELL HOUSE Sold Prices

Land registry data shows two sales for OAKWELL HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. One of the two OAKWELL HOUSE 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
2020 6 FEB	£320,000	£291,495	10% above HPI
2018 17 APR	£90,000	£290,231	69% below HPI

OAKWELL 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 two OAKWELL HOUSE sales from April 2018 and February 2020 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 April 2018 sale was for 69% below the HPI. So the extrapolation line tracks at 69% below the HPI over time, until the February 2020 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might OAKWELL HOUSE be worth now?

OAKWELL HOUSE might now be worth an estimated £418,309.

This is based on house price inflation of 30.7%, between February 2020 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 30.7% inflationary increase is applied to the most recent sale price for OAKWELL HOUSE of £320,000 on 6th February 2020. For the value to have increased from £320,000 to £418,309 over the five years to February 2025, the following assumptions must hold true:

• The value of OAKWELL HOUSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The February 2020 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of OAKWELL HOUSE has not materially changed since February 2020.

How Large is OAKWELL HOUSE?

OAKWELL HOUSE is 104m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 50% 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 OAKWELL HOUSE lies on this distribution: 42% of detached houses houses are smaller than OAKWELL HOUSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

OAKWELL HOUSE: Plot and Title Map

OAKWELL HOUSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of OAKWELL 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 OAKWELL 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 OAKWELL HOUSE?

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