2, SPINNEY ROAD, BURBAGE, HINCKLEY, LE10 2NH - £250,000

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.

2 SPINNEY ROAD is a very small extended semi-detached house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £338,689. It was last sold for £250,000 in March 2019, which was around 36% above the average March 2019 semi-detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

2 SPINNEY ROAD Sold Prices

Land registry data shows three sales for 2 SPINNEY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Two of the three 2 SPINNEY ROAD sales were for above the average price, whilst one was 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 29 MAR	£250,000	£184,026	36% above HPI
2017 10 FEB	£245,000	£166,312	47% above HPI
2015 13 NOV	£142,500	£154,722	8% below HPI

2 SPINNEY ROAD 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 three 2 SPINNEY ROAD sales between November 2015 and March 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 February 2017 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the March 2019 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 2 SPINNEY ROAD be worth now?

2 SPINNEY ROAD might now be worth an estimated £338,689.

This is based on house price inflation of 35.5%, between March 2019 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 35.5% inflationary increase is applied to the most recent sale price for 2 SPINNEY ROAD of £250,000 on 29th March 2019. For the value to have increased from £250,000 to £338,689 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 2 SPINNEY ROAD has moved in line with the HPI for semi-detached houses in the Hinckley and Bosworth local authority area.
• The March 2019 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPINNEY ROAD has not materially changed since March 2019.

How Large is 2 SPINNEY ROAD?

2 SPINNEY ROAD is 80m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% 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 2 SPINNEY ROAD lies on this distribution: 15% of semi-detached houses houses are smaller than 2 SPINNEY ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

2 SPINNEY ROAD: Plot and Title Map

2 SPINNEY ROAD sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 2 SPINNEY ROAD, 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 2 SPINNEY ROAD). 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 2 SPINNEY ROAD?

2 SPINNEY ROAD is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 2 on SPINNEY ROAD.