129, MARKFIELD ROAD, RATBY, LEICESTER, LE6 0LT - £457,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

129 MARKFIELD ROAD is a very large extended detached house of 147m², built sometime between 2007 and 2011, which could now be worth an estimated £449,856. It was last sold for £457,500 in October 2022, which was around 18% above the average October 2022 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

129 MARKFIELD ROAD Sold Prices

Land registry data shows three sales for 129 MARKFIELD ROAD 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 129 MARKFIELD ROAD 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
2022 12 OCT	£457,500	£387,522	18% above HPI
2012 2 NOV	£315,000	£203,506	55% above HPI
2007 7 DEC	£237,500	£230,629	3% above HPI

129 MARKFIELD ROAD 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 129 MARKFIELD ROAD sales between December 2007 and October 2022 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 November 2012 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the October 2022 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 129 MARKFIELD ROAD be worth now?

129 MARKFIELD ROAD might now be worth an estimated £449,856.

This is based on house price deflation of 1.7%, between October 2022 and February 2025, 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 1.7% deflationary decrease is applied to the most recent sale price for 129 MARKFIELD ROAD of £457,500 on 12th October 2022. For the value to have decreased from £457,500 to £449,856 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 129 MARKFIELD ROAD has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The October 2022 sale price of £457,500 represented a fair market value for the property.
• The size, condition, and specification of 129 MARKFIELD ROAD has not materially changed since October 2022.

How Large is 129 MARKFIELD ROAD?

129 MARKFIELD ROAD is 147m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 20% of detached houses houses in Ratby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ratby, and where 129 MARKFIELD ROAD lies on this distribution: 88% of detached houses houses are smaller than 129 MARKFIELD ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Ratby.

129 MARKFIELD ROAD: Plot and Title Map

129 MARKFIELD ROAD sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 129 MARKFIELD ROAD, 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 129 MARKFIELD ROAD). 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 129 MARKFIELD ROAD?

129 MARKFIELD ROAD is located in RATBY, in the LE6 postcode district. The below map shows the position of No. 129 on MARKFIELD ROAD.