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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Farneway, Hinckley is a mid-century freehold house with 1,453 ft2 of internal area and sits on a 665 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Farneway, Hinckley is £404,967 and the estimated rental value is £1,390 per month.
Farneway, Hinckley, LE10 is located in the borough of Hinckley and Bosworth within the LE10 postal district.
2, Farneway, Hinckley has a single entry in the Land Registry from July 2016 and a single entry in the EPC database dated March 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Farneway, Hinckley is in very good condition we estimate a sale value of £425,215 and a rental value of £1,459 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £376,619 and a rental value of £1,293 per month.
Over the last 12 months the sale value of 2 Farneway Hinckley has decreased by an estimated £9,204 (2.3%) and its rental value has increased by an estimated £30 per month (2.2%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 2, Farneway, Hinckley sits on a plot of 665m2.
We have plot size data on 20 out of 25 other houses in the postcode and 2, Farneway, Hinckley sits on the largest plot.
2, Farneway, Hinckley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Mar 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Farneway, Hinckley was last sold on 1st July 2016 for £230,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2016, the market for similar properties has risen 52.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Farneway, Hinckley within a radius of 570 metres over the last 2 years.
The most recent example is 65, Outlands Drive, Hinckley, LE10 0TN, a freehold house which sold for £415,000 on the 24th September 2024.
Read more about house prices in LE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farneway, Hinckley, LE10 has a total of 25 addresses. According to our analysis of all the public data, 2, Farneway, Hinckley is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £127k more expensive than the average property in LE10.
The closest station to 2, Farneway, Hinckley is Hinckley (Leics) station which is 1.4 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Farneway, Hinckley, 58.3% of property is privately owned outright and 35.3% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Farneway, Hinckley, 14.6% of residents are recorded as possessing school level qualifications and 24.6% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Farneway, Hinckley, the average age was 39.9 and the most common age was 32.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Farneway, Hinckley, 0.9% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Farneway, Hinckley, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
