224, MARKFIELD ROAD, GROBY, LEICESTER, LE6 0FS - £250,000

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

224 MARKFIELD ROAD is a small extended semi-detached house of 85m², built sometime between 1930 and 1949, which could now be worth an estimated £267,490. It was last sold for £250,000 in May 2023, which was around 7% above the average May 2023 semi-detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

224 MARKFIELD ROAD Sold Prices

Land registry data shows three sales for 224 MARKFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. The three 224 MARKFIELD ROAD sales were a mix of above the average price, and roughly equal to 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
2023 31 MAY	£250,000	£233,930	7% above HPI
2019 31 OCT	£210,000	£194,541	8% above HPI
1996 3 JUL	£45,000	£45,113	Close to HPI

224 MARKFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The three 224 MARKFIELD ROAD sales between July 1996 and May 2023 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 October 2019 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2023 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 224 MARKFIELD ROAD be worth now?

224 MARKFIELD ROAD might now be worth an estimated £267,490.

This is based on house price inflation of 7%, between May 2023 and December 2024, for semi-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 7% inflationary increase is applied to the most recent sale price for 224 MARKFIELD ROAD of £250,000 on 31st May 2023. For the value to have increased from £250,000 to £267,490 over the five months to December 2024, the following assumptions must hold true:

• The value of 224 MARKFIELD ROAD has moved in line with the HPI for semi-detached houses in the Hinckley and Bosworth local authority area.
• The May 2023 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 224 MARKFIELD ROAD has not materially changed since May 2023.

How Large is 224 MARKFIELD ROAD?

224 MARKFIELD ROAD is 85m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 30% of semi-detached houses houses in Groby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Groby, and where 224 MARKFIELD ROAD lies on this distribution: 26% of semi-detached houses houses are smaller than 224 MARKFIELD ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Groby.

224 MARKFIELD ROAD: Plot and Title Map

224 MARKFIELD ROAD sits on a plot of roughly 0.155 of an acre, or 626m². The below map shows the location of 224 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 224 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 224 MARKFIELD ROAD?

224 MARKFIELD ROAD is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 224 on MARKFIELD ROAD.