50, BUTT LANE, HINCKLEY, LE10 1LD - £406,000

50 BUTT LANE is a large extended detached house of 140m², built sometime between 1950 and 1966. It was last sold for £406,000 in February 2021, which was around 20% above the average February 2021 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

50 BUTT LANE Sold Prices

Land registry data shows two sales for 50 BUTT LANE 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 50 BUTT LANE 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
2021 19 FEB	£406,000	£337,381	20% above HPI
1996 8 AUG	£103,000	£77,219	33% above HPI

50 BUTT LANE 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 50 BUTT LANE sales from August 1996 and February 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 August 1996 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the February 2021 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 50 BUTT LANE?

50 BUTT LANE is 140m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 30% of detached houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where 50 BUTT LANE lies on this distribution: 77% of detached houses are smaller than 50 BUTT LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

50 BUTT LANE: Plot and Title Map

50 BUTT LANE sits on a plot of roughly 0.170 of an acre, or 689m². The below map shows the location of 50 BUTT LANE, 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 50 BUTT LANE). 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 50 BUTT LANE?

50 BUTT LANE is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 50 on BUTT LANE.