10, DRAKE WAY, HINCKLEY, LE10 1UW - £298,000

10 DRAKE WAY is a large extended detached house of 137m², built sometime between 1983 and 1990. It was last sold for £298,000 in January 2019, which was around 2% below the average January 2019 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was D.

10 DRAKE WAY Sold Prices

Land registry data shows four sales for 10 DRAKE WAY 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. Most of the four 10 DRAKE WAY 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
2019 31 JAN	£298,000	£303,475	2% below HPI
2016 14 DEC	£225,000	£271,083	17% below HPI
2012 4 JAN	£195,000	£214,455	9% below HPI
2002 27 MAR	£145,000	£135,473	7% above HPI

10 DRAKE WAY 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 10 DRAKE WAY sales between March 2002 and January 2019 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 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2019 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 10 DRAKE WAY?

10 DRAKE WAY is 137m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the largest 30% of detached houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where 10 DRAKE WAY lies on this distribution: 75% of detached houses are smaller than 10 DRAKE WAY, and 25% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

10 DRAKE WAY: Plot and Title Map

10 DRAKE WAY sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 10 DRAKE WAY, 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 10 DRAKE WAY). 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 10 DRAKE WAY?

10 DRAKE WAY is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 10 on DRAKE WAY.