Help to Buy Valuation in Hathern

The Help to Buy equity loan scheme allowed purchasers to borrow a percentage of the property value from the government, interest-free for the first five years. When you reach the end of the interest-free period, want to repay the loan in full, remortgage to a different lender, or sell your property, Homes England requires an independent valuation to calculate the repayment amount. The valuation must be carried out by a RICS-registered surveyor who is independent of any estate agent and has no financial interest in the outcome of the valuation.

In Hathern, where property values have increased by 18% over the past year and are 17% up on the 2022 peak of £295,662, getting an accurate valuation is particularly important. The current average property price of £344,462 means that many homeowners who purchased under Help to Buy may find their equity loan has grown significantly. Properties at the Hathern Edge development by William Davis Homes on Zouch Road range from £319,950 for a two-bedroom home to £479,950 for a five-bedroom property, meaning the equity loan percentage could represent a substantial sum that increases with each valuation.

Our RICS surveyors in Hathern understand the local market dynamics. They know that detached properties command an average of £420,500, while semi-detached homes average £287,500 and terraced properties around £230,000. This knowledge ensures your valuation reflects the true market position of your property based on recent comparable sales in the village and surrounding area.

It is worth noting that the geology of Hathern can affect certain property types. The village sits where the Triassic Mercia Mudstone Group begins to rise from the alluvial deposits of the River Soar flood plain, and the presence of chalky Oadby Tills in the western parts of the parish can create shrink-swell clay conditions. Our surveyors consider these local ground conditions when assessing properties, particularly those with larger gardens or on the heavier clay soils in the western parish areas.

• Repaying your Help to Buy equity loan in full
• Remortgaging to a new lender
• Selling your Help to Buy property
• Reaching the end of the interest-free period
• Making a partial equity loan repayment

Hathern is a charming village in the Charnwood borough of Leicestershire, situated between Loughborough and Derby along the A6 trunk road. The village has a population of approximately 2,351 residents living in around 1,924 households. The village centre contains fourteen Listed Buildings within the designated Conservation Area, including the 14th-century Church of St. Peter and St. Paul built from local Charnwood stone, The Stone House on Wide Street with its honey-coloured stone walls revealed during restoration, and The Elms, an early 19th-century red brick residence designed in the 18th-century style.

The local housing stock reflects this historical character, with many properties constructed using traditional materials including honey-coloured local Charnwood stone, red brick, timber frame with square plaster-filled panels, roughcast walls on stone plinths, and Swithland slate roofs. Our surveyors are familiar with these construction methods, from the 17th-century timber-framed buildings on Wide Lane to the Georgian and Victorian properties that give the village its character. This understanding is particularly valuable when assessing older properties for valuation purposes.

However, the village has seen significant new development in recent years, particularly at the Hathern Edge development by William Davis Homes on Zouch Road, where two, three, four, and five-bedroom homes are available from £319,950 to £479,950. Stonewater is also developing 25 affordable homes on Loughborough Road, with construction starting in February 2026 and homes available from October 2026. These new developments provide important comparable data for our valuations, as they represent current market activity in the village.

For Help to Buy valuations, understanding these local characteristics is essential. Our surveyors consider not only the property type and size but also the specific location within Hathern. Properties in the Conservation Area may have different market dynamics than newer homes on the eastern edge of the village, particularly given the flood risk considerations in areas near the River Soar flood plain to the east of the historic village core. The historic village itself occupies a river terrace, a gravelly platform above the present flood level, which has been attractive for settlement due to being well-drained.

Understanding the construction methods used in Hathern properties is essential for accurate valuations. The village's housing stock spans several centuries of building history, from medieval timber-framed structures to contemporary new-build developments. The predominant building materials reflect the local geology and resources, including the distinctive honey-coloured Charnwood stone used in the 14th-century Church of St. Peter and St. Paul and The Stone House on Wide Street.

Many historic properties in the village centre feature timber frame construction with square plaster-filled panels, as seen at Nos. 41 and 37 Wide Lane, which date from the late 16th or early 17th century. These properties typically have stone plinths and tiled roofs, often using Swithland slates, which were traditionally sourced from local quarries. The presence of roughcast walls on stone plinths, as found at No. 23 Dovecote Street, is another common feature of the older housing stock.

Our RICS surveyors are experienced in assessing these various construction types for Help to Buy valuations. They understand that properties constructed using traditional methods may have different maintenance requirements and market values compared to modern properties. Additionally, properties in the Conservation Area may be subject to certain restrictions that affect their marketability or renovation potential, factors that are considered in the valuation process.

The newer properties at Hathern Edge represent modern construction methods typical of contemporary house building, with features such as integrated insulation, uPVC windows, and modern heating systems. Our valuers are familiar with both the traditional and modern construction methods found throughout Hathern, ensuring they can accurately assess any property type in the village.