THE COTTAGE, BULLFURLONG LANE, BURBAGE, HINCKLEY, LE10 2HQ - £575,000

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

THE COTTAGE is a very large extended detached house of 234m², built sometime between 1930 and 1949. It was last sold for £575,000 in April 2017, which was around 105% above the average April 2017 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

THE COTTAGE Sold Prices

Land registry data shows four sales for THE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the four THE COTTAGE 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
2017 28 APR	£575,000	£280,471	105% above HPI
2014 23 APR	£500,000	£232,950	115% above HPI
2012 16 JAN	£539,950	£214,455	152% above HPI
2005 18 FEB	£327,000	£208,954	56% above HPI

THE COTTAGE 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 four THE COTTAGE sales between February 2005 and April 2017 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 2014 sale was for 115% above the HPI. So the extrapolation line tracks at 115% above the HPI over time, until the April 2017 sale, where it falls to 105% above the HPI. The line then continues to track at 105% above the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 234m², which includes two extensions, according to the EPC inspection conducted in September 2011. 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 THE COTTAGE lies on this distribution: 97% of detached houses are smaller than THE COTTAGE, and 3% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.201 of an acre, or 813m². The below map shows the location of THE COTTAGE, 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 THE COTTAGE). 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 THE COTTAGE?

THE COTTAGE is located on BULLFURLONG LANE in BURBAGE, in the LE10 postcode district. The below map shows the position of THE COTTAGE on BULLFURLONG LANE.