SOAR REACH, CHAPEL STREET, SHARNFORD, HINCKLEY, LE10 3PF - £210,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SOAR REACH is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £210,000 in August 2021, which was around 41% below the average August 2021 detached price in the Blaby local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

SOAR REACH Sold Prices

Land registry data shows two sales for SOAR REACH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. Both of the two SOAR REACH sales were 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
2021 27 AUG	£210,000	£358,367	41% below HPI
2015 25 MAR	£174,950	£242,904	28% below HPI

SOAR REACH Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The two SOAR REACH sales from March 2015 and August 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 March 2015 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2021 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is SOAR REACH?

SOAR REACH is 74m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of detached houses in Sharnford, based on EPC data. The below chart shows the distribution of detached houses by size in Sharnford, and where SOAR REACH lies on this distribution: 1% of detached houses are smaller than SOAR REACH, and 99% of houses are larger. Note that EPC data is not available for all properties in Sharnford.

SOAR REACH: Plot and Title Map

SOAR REACH sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of SOAR REACH, 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 SOAR REACH). 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 SOAR REACH?

SOAR REACH is located on CHAPEL STREET in SHARNFORD, in the LE10 postcode district. The below map shows the position of SOAR REACH on CHAPEL STREET.