2, BARN WAY, MARKFIELD, LE67 9QR - £206,000

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

2 BARN WAY is a large extended detached house of 124m², built sometime between 1991 and 1995, which could now be worth an estimated £380,556. It was last sold for £206,000 in November 2008, which was about the average November 2008 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.

2 BARN WAY Sold Prices

Land registry data shows three sales for 2 BARN WAY 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. The three 2 BARN WAY sales were a mix of roughly equal to the average price, and 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
2008 3 NOV	£206,000	£206,675	Close to HPI
1999 4 NOV	£123,000	£96,003	28% above HPI
1995 31 OCT	£101,294	£70,610	43% above HPI

2 BARN 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 three 2 BARN WAY sales between October 1995 and November 2008 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 1999 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the November 2008 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 2 BARN WAY be worth now?

2 BARN WAY might now be worth an estimated £380,556.

This is based on house price inflation of 84.7%, between November 2008 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 84.7% inflationary increase is applied to the most recent sale price for 2 BARN WAY of £206,000 on 3rd November 2008. For the value to have increased from £206,000 to £380,556 over the fifteen years and eleven months to December 2024, the following assumptions must hold true:

• The value of 2 BARN WAY has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The November 2008 sale price of £206,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BARN WAY has not materially changed since November 2008.

How Large is 2 BARN WAY?

2 BARN WAY is 124m², which includes two extensions, according to the EPC inspection conducted in June 2024. This puts it in the largest 40% 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 2 BARN WAY lies on this distribution: 66% of detached houses houses are smaller than 2 BARN WAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Markfield.

2 BARN WAY: Plot and Title Map

2 BARN WAY sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 2 BARN 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 2 BARN 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 2 BARN WAY?

2 BARN WAY is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 2 on BARN WAY.