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

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

11 THE LAURELS is a very small detached house of 61m², built sometime between 1991 and 1995, which could now be worth an estimated £184,527. It was last sold for £154,000 in April 2021, which was around 52% 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	£318,640	52% below HPI
2012 27 SEP	£95,000	£203,971	53% below HPI
2006 20 OCT	£163,000	£215,739	24% below HPI
1997 8 AUG	£56,000	£79,261	29% 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 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the April 2021 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 11 THE LAURELS be worth now?

11 THE LAURELS might now be worth an estimated £184,527.

This is based on house price inflation of 19.8%, between April 2021 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 19.8% inflationary increase is applied to the most recent sale price for 11 THE LAURELS of £154,000 on 14th April 2021. For the value to have increased from £154,000 to £184,527 over the two years and four months to December 2024, the following assumptions must hold true:

• The value of 11 THE LAURELS has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The April 2021 sale price of £154,000 represented a fair market value for the property.
• The size, condition, and specification of 11 THE LAURELS has not materially changed since April 2021.

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 houses in Markfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Markfield, and where 11 THE LAURELS lies on this distribution: 4% of detached houses 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.