50, PADDOCK WAY, HINCKLEY, LE10 0FJ - £312,500

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.

50 PADDOCK WAY is a very large detached house of 181m², built sometime between 2003 and 2006, which could now be worth an estimated £550,100. It was last sold for £312,500 in March 2014, which was around 43% above the average March 2014 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

50 PADDOCK WAY Sold Prices

Land registry data shows three sales for 50 PADDOCK WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Two of the three 50 PADDOCK WAY 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
2014 3 MAR	£312,500	£218,057	43% above HPI
2005 6 JUL	£198,764	£203,662	2% below HPI
2004 30 APR	£289,950	£181,608	60% above HPI

50 PADDOCK 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 three 50 PADDOCK WAY sales between April 2004 and March 2014 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 July 2005 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2014 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 50 PADDOCK WAY be worth now?

50 PADDOCK WAY might now be worth an estimated £550,100.

This is based on house price inflation of 76%, between March 2014 and May 2026, for 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 76% inflationary increase is applied to the most recent sale price for 50 PADDOCK WAY of £312,500 on 3rd March 2014. For the value to have increased from £312,500 to £550,100 over the eleven years and ten months to May 2026, the following assumptions must hold true:

• The value of 50 PADDOCK WAY has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The March 2014 sale price of £312,500 represented a fair market value for the property.
• The size, condition, and specification of 50 PADDOCK WAY has not materially changed since March 2014.

How Large is 50 PADDOCK WAY?

50 PADDOCK WAY is 181m² according to the EPC inspection conducted in July 2015. This puts it in the largest 10% of detached houses houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hinckley, and where 50 PADDOCK WAY lies on this distribution: 91% of detached houses houses are smaller than 50 PADDOCK WAY, and 9% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

50 PADDOCK WAY: Plot and Title Map

50 PADDOCK WAY sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 50 PADDOCK 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 50 PADDOCK 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 50 PADDOCK WAY?

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