ORCHARD VIEW, BLAKE CLOSE, HINCKLEY, LE10 1UR - £495,000

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

ORCHARD VIEW is a very large extended detached house of 159m², built sometime between 1983 and 1990. It was last sold for £495,000 in February 2023, which was around 26% above the average February 2023 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

ORCHARD VIEW Sold Prices

Land registry data shows two sales for ORCHARD VIEW 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. Both of the two ORCHARD VIEW 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
2023 8 FEB	£495,000	£393,129	26% above HPI
2022 23 MAR	£465,000	£380,666	22% above HPI

ORCHARD VIEW 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 ORCHARD VIEW sales from March 2022 and February 2023 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 March 2022 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the February 2023 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is ORCHARD VIEW?

ORCHARD VIEW is 159m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 20% of detached houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where ORCHARD VIEW lies on this distribution: 85% of detached houses are smaller than ORCHARD VIEW, and 15% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

ORCHARD VIEW: Plot and Title Map

ORCHARD VIEW sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of ORCHARD VIEW, 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 ORCHARD VIEW). 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 ORCHARD VIEW?

ORCHARD VIEW is located on BLAKE CLOSE in HINCKLEY, in the LE10 postcode district. The below map shows the position of ORCHARD VIEW on BLAKE CLOSE.