10, THE LAURELS, MARKFIELD, LE67 9HA - £172,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 THE LAURELS is a very small detached house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £215,777. It was last sold for £172,000 in November 2019, which was around 43% below the average November 2019 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

10 THE LAURELS Sold Prices

Land registry data shows three sales for 10 THE LAURELS 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 10 THE LAURELS sales were for below 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
2019 15 NOV	£172,000	£304,343	43% below HPI
2015 31 MAR	£154,000	£227,424	32% below HPI
1998 15 JUN	£74,954	£82,396	9% below HPI

10 THE LAURELS 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 10 THE LAURELS sales between June 1998 and November 2019 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 March 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2019 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 10 THE LAURELS be worth now?

10 THE LAURELS might now be worth an estimated £215,777.

This is based on house price inflation of 25.5%, between November 2019 and December 2024, for detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.5% inflationary increase is applied to the most recent sale price for 10 THE LAURELS of £172,000 on 15th November 2019. For the value to have increased from £172,000 to £215,777 over the four years and eleven months to December 2024, the following assumptions must hold true:

• The value of 10 THE LAURELS has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The November 2019 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 10 THE LAURELS has not materially changed since November 2019.

How Large is 10 THE LAURELS?

10 THE LAURELS is 76m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses houses in Markfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Markfield, and where 10 THE LAURELS lies on this distribution: 14% of detached houses houses are smaller than 10 THE LAURELS, and 85% of houses are larger. Note that EPC data is not available for all properties in Markfield.

10 THE LAURELS: Plot and Title Map

10 THE LAURELS sits on a plot of roughly 1.3 acres, or 5,437m². The below map shows the location of 10 THE LAURELS, 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 10 THE LAURELS). 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 10 THE LAURELS?

10 THE LAURELS is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 10 on THE LAURELS.