16, ASTER WAY, BURBAGE, HINCKLEY, LE10 2UQ - £165,000

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.

16 ASTER WAY is a very small semi-detached house of 47m², built sometime between 1967 and 1975, which could now be worth an estimated £198,715. It was last sold for £165,000 in May 2021, which was around 20% below the average May 2021 semi-detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

16 ASTER WAY Sold Prices

Land registry data shows four sales for 16 ASTER WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the four 16 ASTER 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
2021 7 MAY	£165,000	£207,011	20% below HPI
2020 4 MAR	£120,000	£190,852	37% below HPI
1997 24 OCT	£47,950	£48,970	2% below HPI
1996 12 APR	£42,000	£43,344	3% below HPI

16 ASTER WAY 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 four 16 ASTER WAY sales between April 1996 and May 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 March 2020 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 16 ASTER WAY be worth now?

16 ASTER WAY might now be worth an estimated £198,715.

This is based on house price inflation of 20.4%, between May 2021 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 20.4% inflationary increase is applied to the most recent sale price for 16 ASTER WAY of £165,000 on 7th May 2021. For the value to have increased from £165,000 to £198,715 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 16 ASTER WAY has moved in line with the HPI for semi-detached houses in the Hinckley and Bosworth local authority area.
• The May 2021 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 16 ASTER WAY has not materially changed since May 2021.

How Large is 16 ASTER WAY?

16 ASTER WAY is 47m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% 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 16 ASTER WAY lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 16 ASTER WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

16 ASTER WAY: Plot and Title Map

16 ASTER WAY sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 16 ASTER 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 16 ASTER 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 16 ASTER WAY?

16 ASTER WAY is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 16 on ASTER WAY.