8, NELSON DRIVE, HINCKLEY, LE10 1PH - £365,500

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.

8 NELSON DRIVE is a midsized extended detached house of 114m², built sometime between 1983 and 1990, which could now be worth an estimated £390,059. It was last sold for £365,500 in May 2022, which was around 2% above the average May 2022 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

8 NELSON DRIVE Sold Prices

Land registry data shows two sales for 8 NELSON DRIVE 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. One of the two 8 NELSON DRIVE sales was for above the average price, whilst the other 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
2022 20 MAY	£365,500	£359,349	2% above HPI
2019 22 OCT	£275,000	£303,881	10% below HPI

8 NELSON DRIVE 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 8 NELSON DRIVE sales from October 2019 and May 2022 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 October 2019 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2022 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 8 NELSON DRIVE be worth now?

8 NELSON DRIVE might now be worth an estimated £390,059.

This is based on house price inflation of 6.7%, between May 2022 and March 2025, 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 6.7% inflationary increase is applied to the most recent sale price for 8 NELSON DRIVE of £365,500 on 20th May 2022. For the value to have increased from £365,500 to £390,059 over the three years and two months to March 2025, the following assumptions must hold true:

• The value of 8 NELSON DRIVE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The May 2022 sale price of £365,500 represented a fair market value for the property.
• The size, condition, and specification of 8 NELSON DRIVE has not materially changed since May 2022.

How Large is 8 NELSON DRIVE?

8 NELSON DRIVE is 114m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 50% 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 8 NELSON DRIVE lies on this distribution: 52% of detached houses houses are smaller than 8 NELSON DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

8 NELSON DRIVE: Plot and Title Map

8 NELSON DRIVE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 8 NELSON DRIVE, 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 8 NELSON DRIVE). 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 8 NELSON DRIVE?

8 NELSON DRIVE is located in HINCKLEY, in the LE10 postcode district. The below map shows the position of No. 8 on NELSON DRIVE.