11, THE LAURELS, MARKFIELD, LE67 9HA - £154,000

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

11 THE LAURELS is a very small detached house of 61m², built sometime between 1991 and 1995. It was last sold for £154,000 in April 2021, which was around 54% below the average April 2021 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was B.

11 THE LAURELS Sold Prices

Land registry data shows four sales for 11 THE LAURELS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the four 11 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
2021 14 APR	£154,000	£335,256	54% below HPI
2012 27 SEP	£95,000	£214,607	56% below HPI
2006 20 OCT	£163,000	£226,989	28% below HPI
1997 8 AUG	£56,000	£83,394	33% below HPI

11 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 four 11 THE LAURELS sales between August 1997 and April 2021 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 September 2012 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the April 2021 sale, where it rises to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 11 THE LAURELS?

11 THE LAURELS is 61m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses in Markfield, based on EPC data. The below chart shows the distribution of detached houses by size in Markfield, and where 11 THE LAURELS lies on this distribution: 4% of detached houses are smaller than 11 THE LAURELS, and 94% of houses are larger. Note that EPC data is not available for all properties in Markfield.

11 THE LAURELS: Plot and Title Map

11 THE LAURELS sits on a plot of roughly 1.3 acres, or 5,437m². The below map shows the location of 11 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 11 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 11 THE LAURELS?

11 THE LAURELS is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 11 on THE LAURELS.