12, THE LAURELS, MARKFIELD, LE67 9HA - £155,000

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

12 THE LAURELS is a very small semi-detached house of 65m², built sometime between 1983 and 1990, which could now be worth an estimated £203,844. It was last sold for £155,000 in June 2019, which was around 19% below the average June 2019 semi-detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was B.

12 THE LAURELS Sold Prices

Land registry data shows six sales for 12 THE LAURELS since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Most of the six 12 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 26 JUN	£155,000	£190,321	19% below HPI
2017 12 JAN	£154,995	£163,681	5% below HPI
2015 27 NOV	£149,900	£154,722	3% below HPI
2003 15 AUG	£98,950	£106,810	7% below HPI
2000 23 OCT	£56,000	£63,891	12% below HPI
1997 30 MAY	£49,500	£47,481	4% above HPI

12 THE LAURELS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The six 12 THE LAURELS sales between May 1997 and June 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 January 2017 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2019 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 12 THE LAURELS be worth now?

12 THE LAURELS might now be worth an estimated £203,844.

This is based on house price inflation of 31.5%, between June 2019 and December 2024, for semi-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 31.5% inflationary increase is applied to the most recent sale price for 12 THE LAURELS of £155,000 on 26th June 2019. For the value to have increased from £155,000 to £203,844 over the four years and six months to December 2024, the following assumptions must hold true:

• The value of 12 THE LAURELS has moved in line with the HPI for semi-detached houses in the Hinckley and Bosworth local authority area.
• The June 2019 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 12 THE LAURELS has not materially changed since June 2019.

How Large is 12 THE LAURELS?

12 THE LAURELS is 65m² according to the EPC inspection conducted in September 2024. This puts it in the smallest 10% of semi-detached houses houses in Markfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Markfield, and where 12 THE LAURELS lies on this distribution: 8% of semi-detached houses houses are smaller than 12 THE LAURELS, and 92% of houses are larger. Note that EPC data is not available for all properties in Markfield.

12 THE LAURELS: Plot and Title Map

12 THE LAURELS sits on a plot of roughly 1.3 acres, or 5,437m². The below map shows the location of 12 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 12 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 12 THE LAURELS?

12 THE LAURELS is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 12 on THE LAURELS.