16, DRAKE WAY, HINCKLEY, LE10 1UW - £332,500

16 DRAKE WAY is a midsized detached house of 111m², built sometime between 1983 and 1990. It was last sold for £332,500 in December 2020, which was around 2% below the average December 2020 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

16 DRAKE WAY Sold Prices

Land registry data shows three sales for 16 DRAKE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. One of the three 16 DRAKE WAY sales was for below the average price, whilst two 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
2020 10 DEC	£332,500	£337,653	2% below HPI
2015 24 AUG	£265,000	£249,256	6% above HPI
1997 21 MAR	£89,000	£78,762	13% above HPI

16 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 three 16 DRAKE WAY sales between March 1997 and December 2020 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 August 2015 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the December 2020 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 16 DRAKE WAY?

16 DRAKE WAY is 111m² according to the EPC inspection conducted in April 2015. This puts it in the largest 50% of detached houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where 16 DRAKE WAY lies on this distribution: 50% of detached houses are smaller than 16 DRAKE WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

16 DRAKE WAY: Plot and Title Map

16 DRAKE WAY sits on a plot of roughly 0.083 of an acre, or 338m². The below map shows the location of 16 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 16 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 16 DRAKE WAY?

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