15, TURNPIKE WAY, MARKFIELD, LE67 9QT - £350,000

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

15 TURNPIKE WAY is a midsized extended detached house of 108m², built sometime between 1996 and 2002, which could now be worth an estimated £350,720. It was last sold for £350,000 in September 2024, which was around 8% below the average September 2024 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

15 TURNPIKE WAY Sold Prices

Land registry data shows five sales for 15 TURNPIKE WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the five 15 TURNPIKE WAY 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
2024 2 SEP	£350,000	£381,019	8% below HPI
2012 21 SEP	£182,000	£203,971	11% below HPI
2003 28 NOV	£175,000	£176,679	1% below HPI
2000 19 DEC	£99,000	£109,501	10% below HPI
1999 16 AUG	£89,950	£90,587	1% below HPI

15 TURNPIKE WAY 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 five 15 TURNPIKE WAY sales between August 1999 and September 2024 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2024 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 15 TURNPIKE WAY be worth now?

15 TURNPIKE WAY might now be worth an estimated £350,720.

This is based on house price inflation of 0.2%, between September 2024 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 0.2% inflationary increase is applied to the most recent sale price for 15 TURNPIKE WAY of £350,000 on 2nd September 2024. For the value to have increased from £350,000 to £350,720 over the nine months to December 2024, the following assumptions must hold true:

• The value of 15 TURNPIKE WAY has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The September 2024 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 15 TURNPIKE WAY has not materially changed since September 2024.

How Large is 15 TURNPIKE WAY?

15 TURNPIKE WAY is 108m², which includes three extensions, according to the EPC inspection conducted in June 2024. This puts it in the smallest 50% 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 15 TURNPIKE WAY lies on this distribution: 48% of detached houses houses are smaller than 15 TURNPIKE WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Markfield.

15 TURNPIKE WAY: Plot and Title Map

15 TURNPIKE WAY sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 15 TURNPIKE WAY, 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 15 TURNPIKE WAY). 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 15 TURNPIKE WAY?

15 TURNPIKE WAY is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 15 on TURNPIKE WAY.