SPRINGFIELD, SKETCHLEY MANOR LANE, BURBAGE, HINCKLEY, LE10 2NQ - £550,000

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

SPRINGFIELD is a very large extended detached house of 177m², built sometime between 1930 and 1949. It was last sold for £550,000 in March 2021, which was around 63% above the average March 2021 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

SPRINGFIELD Sold Prices

Land registry data shows two sales for SPRINGFIELD 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 SPRINGFIELD 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
2021 22 MAR	£550,000	£337,367	63% above HPI
2007 27 JUL	£280,000	£235,893	19% above HPI

SPRINGFIELD 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 SPRINGFIELD sales from July 2007 and March 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 July 2007 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the March 2021 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is SPRINGFIELD?

SPRINGFIELD is 177m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 10% of detached houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where SPRINGFIELD lies on this distribution: 90% of detached houses are smaller than SPRINGFIELD, and 10% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

SPRINGFIELD: Plot and Title Map

SPRINGFIELD sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of SPRINGFIELD, 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 SPRINGFIELD). 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 SPRINGFIELD?

SPRINGFIELD is located on SKETCHLEY MANOR LANE in BURBAGE, in the LE10 postcode district. The below map shows the position of SPRINGFIELD on SKETCHLEY MANOR LANE.