12, FARNEWAY, HINCKLEY, LE10 0SN - £148,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 FARNEWAY is a small extended semi-detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £245,549. It was last sold for £148,000 in July 2015, which was around 2% below the average July 2015 semi-detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

12 FARNEWAY Sold Prices

Land registry data shows two sales for 12 FARNEWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. One of the two 12 FARNEWAY sales was for below the average price, whilst the other was 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
2015 3 JUL	£148,000	£150,267	2% below HPI
2006 27 JAN	£156,500	£135,795	15% above HPI

12 FARNEWAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The two 12 FARNEWAY sales from January 2006 and July 2015 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 January 2006 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the July 2015 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 12 FARNEWAY be worth now?

12 FARNEWAY might now be worth an estimated £245,549.

This is based on house price inflation of 65.9%, between July 2015 and February 2025, for semi-detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.9% inflationary increase is applied to the most recent sale price for 12 FARNEWAY of £148,000 on 3rd July 2015. For the value to have increased from £148,000 to £245,549 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 12 FARNEWAY has moved in line with the HPI for semi-detached houses in the Hinckley and Bosworth local authority area.
• The July 2015 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 12 FARNEWAY has not materially changed since July 2015.

How Large is 12 FARNEWAY?

12 FARNEWAY is 90m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 30% of semi-detached houses houses in Hinckley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hinckley, and where 12 FARNEWAY lies on this distribution: 25% of semi-detached houses houses are smaller than 12 FARNEWAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

12 FARNEWAY: Plot and Title Map

12 FARNEWAY sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 12 FARNEWAY, 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 12 FARNEWAY). 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 12 FARNEWAY?

12 FARNEWAY is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 12 on FARNEWAY.