SKETCHLEY HOUSE, WATLING STREET, HINCKLEY, LE10 3HZ - £495,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

SKETCHLEY HOUSE is a very large extended detached house of 222m², built sometime before 1900, which could now be worth an estimated £778,594. It was last sold for £495,000 in December 2015, which was around 104% above the average December 2015 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was C.

SKETCHLEY HOUSE Sold Prices

Land registry data shows two sales for SKETCHLEY 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. Both of the two SKETCHLEY 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
2015 22 DEC	£495,000	£242,255	104% above HPI
2005 22 DEC	£395,000	£211,016	87% above HPI

SKETCHLEY 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 SKETCHLEY HOUSE sales from December 2005 and December 2015 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 December 2005 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the December 2015 sale, where it rises to 104% above the HPI. The line then continues to track at 104% above the HPI.

What might SKETCHLEY HOUSE be worth now?

SKETCHLEY HOUSE might now be worth an estimated £778,594.

This is based on house price inflation of 57.3%, between December 2015 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 57.3% inflationary increase is applied to the most recent sale price for SKETCHLEY HOUSE of £495,000 on 22nd December 2015. For the value to have increased from £495,000 to £778,594 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of SKETCHLEY HOUSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The December 2015 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of SKETCHLEY HOUSE has not materially changed since December 2015.

How Large is SKETCHLEY HOUSE?

SKETCHLEY HOUSE is 222m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 10% 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 SKETCHLEY HOUSE lies on this distribution: 96% of detached houses houses are smaller than SKETCHLEY HOUSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

SKETCHLEY HOUSE: Plot and Title Map

SKETCHLEY HOUSE sits on a plot of roughly 1.1 acres, or 4,587m². The below map shows the location of SKETCHLEY 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 SKETCHLEY 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 SKETCHLEY HOUSE?

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