116, MIDDLEFIELD LANE, HINCKLEY, LE10 0RA - £194,000

116 MIDDLEFIELD LANE is a very small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £194,000 in May 2017, which was around 31% below the average May 2017 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was D.

116 MIDDLEFIELD LANE Sold Prices

Land registry data shows two sales for 116 MIDDLEFIELD LANE 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 116 MIDDLEFIELD LANE 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
2017 12 MAY	£194,000	£282,319	31% below HPI
2010 9 JUL	£147,000	£220,890	33% below HPI

116 MIDDLEFIELD LANE 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 116 MIDDLEFIELD LANE sales from July 2010 and May 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 July 2010 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2017 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 116 MIDDLEFIELD LANE?

116 MIDDLEFIELD LANE is 73m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 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 116 MIDDLEFIELD LANE lies on this distribution: 10% of detached houses are smaller than 116 MIDDLEFIELD LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

116 MIDDLEFIELD LANE: Plot and Title Map

116 MIDDLEFIELD LANE sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 116 MIDDLEFIELD LANE, 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 116 MIDDLEFIELD LANE). 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 116 MIDDLEFIELD LANE?

116 MIDDLEFIELD LANE is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 116 on MIDDLEFIELD LANE.