223, MARKFIELD LANE, MARKFIELD, LE67 9PQ - £384,500

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

223 MARKFIELD LANE is a large extended detached house of 121m², built sometime between 1967 and 1975, which could now be worth an estimated £449,742. It was last sold for £384,500 in March 2021, which was around 9% above the average March 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

223 MARKFIELD LANE Sold Prices

Land registry data shows three sales for 223 MARKFIELD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the three 223 MARKFIELD LANE 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
2021 24 MAR	£384,500	£352,279	9% above HPI
2001 21 DEC	£147,500	£134,949	9% above HPI
1997 7 FEB	£104,000	£82,288	26% above HPI

223 MARKFIELD LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The three 223 MARKFIELD LANE sales between February 1997 and March 2021 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 December 2001 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2021 sale, which was also at 9% above the HPI.

What might 223 MARKFIELD LANE be worth now?

223 MARKFIELD LANE might now be worth an estimated £449,742.

This is based on house price inflation of 17%, between March 2021 and December 2024, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17% inflationary increase is applied to the most recent sale price for 223 MARKFIELD LANE of £384,500 on 24th March 2021. For the value to have increased from £384,500 to £449,742 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 223 MARKFIELD LANE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The March 2021 sale price of £384,500 represented a fair market value for the property.
• The size, condition, and specification of 223 MARKFIELD LANE has not materially changed since March 2021.

How Large is 223 MARKFIELD LANE?

223 MARKFIELD LANE is 121m², which includes one extension, according to the EPC inspection conducted in July 2020. 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 223 MARKFIELD LANE lies on this distribution: 61% of detached houses houses are smaller than 223 MARKFIELD LANE, and 38% of houses are larger. Note that EPC data is not available for all properties in Markfield.

223 MARKFIELD LANE: Plot and Title Map

223 MARKFIELD LANE sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 223 MARKFIELD LANE, 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 223 MARKFIELD LANE). 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 223 MARKFIELD LANE?

223 MARKFIELD LANE is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 223 on MARKFIELD LANE.