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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, Spa Lane, Hinckley is a period freehold house with 2,454 ft2 of internal area and sits on a 817 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Spa Lane, Hinckley is £458,969 and the estimated rental value is £1,792 per month.
Spa Lane, Hinckley, LE10 is located in the borough of Hinckley and Bosworth within the LE10 postal district.
2, Spa Lane, Hinckley has 21 entries in the Land Registry , most recently in September 2023 and a single entry in the EPC database dated June 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Spa Lane, Hinckley is in very good condition we estimate a sale value of £481,917 and a rental value of £1,882 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £426,841 and a rental value of £1,667 per month.
Over the last 12 months the sale value of 2 Spa Lane Hinckley has decreased by an estimated £9,992 (2.2%) and its rental value has increased by an estimated £35 per month (1.9%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, 2, Spa Lane, Hinckley sits on a plot of 817m2.
We have plot size data on 11 out of 11 other houses in the postcode and 2, Spa Lane, Hinckley sits on the largest plot.
2, Spa Lane, Hinckley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jun 2023.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Spa Lane, Hinckley was last sold on 29th September 2023 for £530,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2023, the market for similar properties has risen 28.4%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 2, Spa Lane, Hinckley within a radius of 510 metres over the last 2 years.
The most recent example is 4, Butt Lane, Hinckley, LE10 1LD, a freehold house which sold for £500,000 on the 2nd November 2023.
Read more about house prices in LE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spa Lane, Hinckley, LE10 has a total of 32 addresses. According to our analysis of all the public data, 2, Spa Lane, Hinckley is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £181k more expensive than the average property in LE10.
The closest station to 2, Spa Lane, Hinckley is Hinckley (Leics) station which is 1.0 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, Spa Lane, Hinckley, 56.1% of property is privately rented and 24.1% is privately owned outright.
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, Spa Lane, Hinckley, 11.9% of residents are recorded as possessing school level qualifications and 29.1% 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, Spa Lane, Hinckley, the average age was 40.6 and the most common age was 27.
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, Spa Lane, Hinckley, 0.0% 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, Spa Lane, Hinckley, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
