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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, 8, Butt Lane, Hinckley is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 2,201 ft2 of internal area and sits on a 1,282 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Butt Lane, Hinckley is £612,929 and the estimated rental value is £1,999 per month.
Butt Lane, Hinckley, LE10 is located in the borough of Hinckley and Bosworth within the LE10 postal district.
8, Butt Lane, Hinckley has a single entry in the Land Registry from February 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 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 8, Butt Lane, Hinckley is in very good condition we estimate a sale value of £643,576 and a rental value of £2,099 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £570,024 and a rental value of £1,859 per month.
Over the last 12 months the sale value of 8 Butt Lane Hinckley has decreased by an estimated £15,434 (2.5%) and its rental value has increased by an estimated £37 per month (1.8%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, 8, Butt Lane, Hinckley sits on a plot of 1282m2.
We have plot size data on 31 out of 35 other houses in the postcode and 8, Butt Lane, Hinckley sits on the largest plot.
According to HM Land Registry, 8, Butt Lane, Hinckley was last sold on 7th February 2008 for £500,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2008, the market for similar properties has risen 27.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Butt Lane, Hinckley within a radius of 580 metres over the last 2 years.
The most recent example is 1, The Rills, Hinckley, LE10 1NA, a freehold house which sold for £575,000 on the 19th January 2023.
Read more about house prices in LE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Butt Lane, Hinckley, LE10 has a total of 57 addresses. According to our analysis of all the public data, 8, Butt Lane, Hinckley is the 8th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £335k more expensive than the average property in LE10.
The closest station to 8, Butt Lane, 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 8, Butt Lane, Hinckley, 54.4% of property is privately owned outright and 40.4% 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 8, Butt Lane, Hinckley, 18.5% of residents are recorded as possessing school level qualifications and 38.9% 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 8, Butt Lane, Hinckley, the average age was 45.2 and the most common age was 57.
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 8, Butt 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 8, Butt Lane, Hinckley, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
