42, HERALD WAY, BURBAGE, HINCKLEY, LE10 2NX - £375,000

42 HERALD WAY is a very large extended detached house of 151m², built sometime between 1991 and 1995. It was last sold for £375,000 in June 2016, which was around 44% above the average June 2016 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

42 HERALD WAY Sold Prices

Land registry data shows two sales for 42 HERALD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 42 HERALD WAY sales 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
2016 1 JUN	£375,000	£260,102	44% above HPI
2002 27 MAR	£200,000	£135,473	48% above HPI

42 HERALD 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 two 42 HERALD WAY sales from March 2002 and June 2016 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 2002 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the June 2016 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is 42 HERALD WAY?

42 HERALD WAY is 151m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 20% of detached houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where 42 HERALD WAY lies on this distribution: 82% of detached houses are smaller than 42 HERALD WAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

42 HERALD WAY: Plot and Title Map

42 HERALD WAY sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 42 HERALD 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 42 HERALD 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 42 HERALD WAY?

42 HERALD WAY is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 42 on HERALD WAY.