250, MARKFIELD ROAD, GROBY, LEICESTER, LE6 0FS - £168,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

250 MARKFIELD ROAD is a very small extended detached house of 65m², built sometime between 1930 and 1949. It was last sold for £168,000 in July 2020, which was around 47% below the average July 2020 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 B.

250 MARKFIELD ROAD Sold Prices

Land registry data shows two sales for 250 MARKFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 250 MARKFIELD ROAD sales were 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
2020 20 JUL	£168,000	£315,600	47% below HPI
2010 6 AUG	£135,000	£221,978	39% below HPI

250 MARKFIELD 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 two 250 MARKFIELD ROAD sales from August 2010 and July 2020 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 August 2010 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2020 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 250 MARKFIELD ROAD?

250 MARKFIELD ROAD is 65m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses in Groby, based on EPC data. The below chart shows the distribution of detached houses by size in Groby, and where 250 MARKFIELD ROAD lies on this distribution: 7% of detached houses are smaller than 250 MARKFIELD ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Groby.

250 MARKFIELD ROAD: Plot and Title Map

250 MARKFIELD ROAD sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 250 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 250 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 250 MARKFIELD ROAD?

250 MARKFIELD ROAD is located in GROBY, in the LE6 postcode district. The below map shows the position of No. 250 on MARKFIELD ROAD.