1, THE ELMS, MARKFIELD, LE67 9SZ - £242,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 THE ELMS is a small detached house of 94m², built sometime between 1996 and 2002. It was last sold for £242,000 in June 2007, which was around 5% above the average June 2007 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

1 THE ELMS Sold Prices

Land registry data shows three sales for 1 THE ELMS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the three 1 THE ELMS sales were for above 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
2007 29 JUN	£242,000	£231,218	5% above HPI
2003 31 JAN	£215,000	£169,515	27% above HPI
2000 20 MAR	£137,000	£97,693	40% above HPI

1 THE ELMS 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 three 1 THE ELMS sales between March 2000 and June 2007 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 January 2003 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the June 2007 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 1 THE ELMS?

1 THE ELMS is 94m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 40% of detached houses in Markfield, based on EPC data. The below chart shows the distribution of detached houses by size in Markfield, and where 1 THE ELMS lies on this distribution: 37% of detached houses are smaller than 1 THE ELMS, and 62% of houses are larger. Note that EPC data is not available for all properties in Markfield.

1 THE ELMS: Plot and Title Map

1 THE ELMS sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of 1 THE ELMS, 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 1 THE ELMS). 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 1 THE ELMS?

1 THE ELMS is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 1 on THE ELMS.