32, THE COMMON, BARWELL, LEICESTER, LE9 8BR - £103,000

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.

32 THE COMMON is a very small extended terraced house of 70m², built sometime between 1900 and 1929, which could now be worth an estimated £136,081. It was last sold for £103,000 in May 2020, which was around 32% below the average May 2020 terraced price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was B.

32 THE COMMON Sold Prices

Land registry data shows three sales for 32 THE COMMON since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Hinckley and Bosworth local authority area for the corresponding sale date. Two of the three 32 THE COMMON sales were for below the average price, whilst one 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
2020 7 MAY	£103,000	£152,349	32% below HPI
2010 5 MAR	£109,000	£106,770	2% above HPI
2008 26 FEB	£80,000	£122,130	34% below HPI

32 THE COMMON Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The three 32 THE COMMON sales between February 2008 and May 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 March 2010 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 32 THE COMMON be worth now?

32 THE COMMON might now be worth an estimated £136,081.

This is based on house price inflation of 32.1%, between May 2020 and May 2026, for terraced 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 32.1% inflationary increase is applied to the most recent sale price for 32 THE COMMON of £103,000 on 7th May 2020. For the value to have increased from £103,000 to £136,081 over the six years to May 2026, the following assumptions must hold true:

• The value of 32 THE COMMON has moved in line with the HPI for terraced houses in the Hinckley and Bosworth local authority area.
• The May 2020 sale price of £103,000 represented a fair market value for the property.
• The size, condition, and specification of 32 THE COMMON has not materially changed since May 2020.

How Large is 32 THE COMMON?

32 THE COMMON is 70m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of terraced houses houses in Barwell, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Barwell, and where 32 THE COMMON lies on this distribution: 11% of terraced houses houses are smaller than 32 THE COMMON, and 88% of houses are larger. Note that EPC data is not available for all properties in Barwell.

32 THE COMMON: Plot and Title Map

32 THE COMMON sits on a plot of roughly 0.026 of an acre, or 106m². The below map shows the location of 32 THE COMMON, 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 32 THE COMMON). 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 32 THE COMMON?

32 THE COMMON is located in BARWELL, in the LE9 postcode district. The below map shows the position of No. 32 on THE COMMON.