23, FERNESS ROAD, HINCKLEY, LE10 0TB - £190,000

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.

23 FERNESS ROAD is a very small semi-detached house of 59m², built sometime between 1983 and 1990, which could now be worth an estimated £221,205. It was last sold for £190,000 in August 2021, which was around 11% below the average August 2021 semi-detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

23 FERNESS ROAD Sold Prices

Land registry data shows two sales for 23 FERNESS ROAD 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 23 FERNESS ROAD 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
2021 31 AUG	£190,000	£214,140	11% below HPI
2018 4 MAY	£188,000	£183,385	3% above HPI

23 FERNESS 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 two 23 FERNESS ROAD sales from May 2018 and August 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 May 2018 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2021 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 23 FERNESS ROAD be worth now?

23 FERNESS ROAD might now be worth an estimated £221,205.

This is based on house price inflation of 16.4%, between August 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 16.4% inflationary increase is applied to the most recent sale price for 23 FERNESS ROAD of £190,000 on 31st August 2021. For the value to have increased from £190,000 to £221,205 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 23 FERNESS ROAD has moved in line with the HPI for semi-detached houses in the Hinckley and Bosworth local authority area.
• The August 2021 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 23 FERNESS ROAD has not materially changed since August 2021.

How Large is 23 FERNESS ROAD?

23 FERNESS ROAD is 59m² according to the EPC inspection conducted in August 2017. 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 23 FERNESS ROAD lies on this distribution: 2% of semi-detached houses houses are smaller than 23 FERNESS ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

23 FERNESS ROAD: Plot and Title Map

23 FERNESS ROAD sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 23 FERNESS 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 23 FERNESS 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 23 FERNESS ROAD?

23 FERNESS ROAD is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 23 on FERNESS ROAD.