245, LEICESTER ROAD, MARKFIELD, LE67 9RH - £340,000

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.

245 LEICESTER ROAD is a midsized extended detached house of 118m², built sometime between 1930 and 1949, which could now be worth an estimated £396,216. It was last sold for £340,000 in June 2021, which was around 4% above the average June 2021 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

245 LEICESTER ROAD Sold Prices

Land registry data shows three sales for 245 LEICESTER ROAD 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. Two of the three 245 LEICESTER ROAD sales were for above the average price, whilst one was 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
2021 9 JUN	£340,000	£326,983	4% above HPI
2007 16 FEB	£229,000	£222,857	3% above HPI
1999 29 OCT	£88,000	£92,195	5% below HPI

245 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 three 245 LEICESTER ROAD sales between October 1999 and June 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 February 2007 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 245 LEICESTER ROAD be worth now?

245 LEICESTER ROAD might now be worth an estimated £396,216.

This is based on house price inflation of 16.5%, between June 2021 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 16.5% inflationary increase is applied to the most recent sale price for 245 LEICESTER ROAD of £340,000 on 9th June 2021. For the value to have increased from £340,000 to £396,216 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 245 LEICESTER ROAD has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The June 2021 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 245 LEICESTER ROAD has not materially changed since June 2021.

How Large is 245 LEICESTER ROAD?

245 LEICESTER ROAD is 118m², which includes one extension, according to the EPC inspection conducted in September 2020. 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 245 LEICESTER ROAD lies on this distribution: 58% of detached houses houses are smaller than 245 LEICESTER ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Markfield.

245 LEICESTER ROAD: Plot and Title Map

245 LEICESTER ROAD sits on a plot of roughly 0.213 of an acre, or 861m². The below map shows the location of 245 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 245 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 245 LEICESTER ROAD?

245 LEICESTER ROAD is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 245 on LEICESTER ROAD.