16, HOPWOOD DRIVE, MARKFIELD, LE67 9XJ - £296,500

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.

16 HOPWOOD DRIVE is a very small detached house of 77m², which could now be worth an estimated £307,506. It was last sold for £296,500 in February 2024, which was around 19% below the average February 2024 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2015, where the current energy rating was B, and the potential energy rating was A.

16 HOPWOOD DRIVE Sold Prices

Land registry data shows three sales for 16 HOPWOOD DRIVE 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 16 HOPWOOD DRIVE 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 29 FEB	£296,500	£367,409	19% below HPI
2019 19 SEP	£231,500	£302,325	23% below HPI
2015 18 DEC	£199,950	£242,255	17% below HPI

16 HOPWOOD DRIVE 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 16 HOPWOOD DRIVE sales between December 2015 and February 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 2019 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2024 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 16 HOPWOOD DRIVE be worth now?

16 HOPWOOD DRIVE might now be worth an estimated £307,506.

This is based on house price inflation of 3.7%, between February 2024 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 3.7% inflationary increase is applied to the most recent sale price for 16 HOPWOOD DRIVE of £296,500 on 29th February 2024. For the value to have increased from £296,500 to £307,506 over the one year to February 2025, the following assumptions must hold true:

• The value of 16 HOPWOOD DRIVE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The February 2024 sale price of £296,500 represented a fair market value for the property.
• The size, condition, and specification of 16 HOPWOOD DRIVE has not materially changed since February 2024.

How Large is 16 HOPWOOD DRIVE?

16 HOPWOOD DRIVE is 77m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% 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 16 HOPWOOD DRIVE lies on this distribution: 15% of detached houses houses are smaller than 16 HOPWOOD DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Markfield.

16 HOPWOOD DRIVE: Plot and Title Map

16 HOPWOOD DRIVE sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of 16 HOPWOOD DRIVE, 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 16 HOPWOOD DRIVE). 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 16 HOPWOOD DRIVE?

16 HOPWOOD DRIVE is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 16 on HOPWOOD DRIVE.