244A, LEICESTER ROAD, MARKFIELD, LE67 9RG - £245,000

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

244A LEICESTER ROAD is a midsized detached house of 119m², built sometime between 1991 and 1995, which could now be worth an estimated £410,134. It was last sold for £245,000 in January 2015, which was around 7% above the average January 2015 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

244A LEICESTER ROAD Sold Prices

Land registry data shows four sales for 244A LEICESTER ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Most of the four 244A LEICESTER ROAD 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
2015 19 JAN	£245,000	£228,076	7% above HPI
2012 25 OCT	£225,000	£200,903	12% above HPI
2002 1 AUG	£139,000	£143,618	3% below HPI
1997 9 MAY	£82,000	£76,722	7% above HPI

244A LEICESTER ROAD 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 four 244A LEICESTER ROAD sales between May 1997 and January 2015 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 2012 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the January 2015 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 244A LEICESTER ROAD be worth now?

244A LEICESTER ROAD might now be worth an estimated £410,134.

This is based on house price inflation of 67.4%, between January 2015 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 67.4% inflationary increase is applied to the most recent sale price for 244A LEICESTER ROAD of £245,000 on 19th January 2015. For the value to have increased from £245,000 to £410,134 over the eight years and one month to December 2024, the following assumptions must hold true:

• The value of 244A LEICESTER ROAD has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The January 2015 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 244A LEICESTER ROAD has not materially changed since January 2015.

How Large is 244A LEICESTER ROAD?

244A LEICESTER ROAD is 119m² according to the EPC inspection conducted in April 2010. This puts it in the largest 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 244A LEICESTER ROAD lies on this distribution: 59% of detached houses houses are smaller than 244A LEICESTER ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Markfield.

244A LEICESTER ROAD: Plot and Title Map

244A LEICESTER ROAD sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 244A LEICESTER 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 244A LEICESTER 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 244A LEICESTER ROAD?

244A LEICESTER ROAD is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 244A on LEICESTER ROAD.