298, LEICESTER ROAD, MARKFIELD, LE67 9RG - £230,000

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.

298 LEICESTER ROAD is a very small extended semi-detached house of 74m², built sometime between 1930 and 1949, which could now be worth an estimated £293,152. It was last sold for £230,000 in September 2020, which was around 16% above the average September 2020 semi-detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

298 LEICESTER ROAD Sold Prices

Land registry data shows two sales for 298 LEICESTER ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 298 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
2020 16 SEP	£230,000	£198,716	16% above HPI
2003 4 NOV	£130,000	£111,215	17% above HPI

298 LEICESTER 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 two 298 LEICESTER ROAD sales from November 2003 and September 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 November 2003 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 2020 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 298 LEICESTER ROAD be worth now?

298 LEICESTER ROAD might now be worth an estimated £293,152.

This is based on house price inflation of 27.5%, between September 2020 and March 2025, 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 27.5% inflationary increase is applied to the most recent sale price for 298 LEICESTER ROAD of £230,000 on 16th September 2020. For the value to have increased from £230,000 to £293,152 over the five years and six months to March 2025, the following assumptions must hold true:

• The value of 298 LEICESTER ROAD has moved in line with the HPI for semi-detached houses in the Hinckley and Bosworth local authority area.
• The September 2020 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 298 LEICESTER ROAD has not materially changed since September 2020.

How Large is 298 LEICESTER ROAD?

298 LEICESTER ROAD is 74m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% of semi-detached houses houses in Markfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Markfield, and where 298 LEICESTER ROAD lies on this distribution: 11% of semi-detached houses houses are smaller than 298 LEICESTER ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Markfield.

298 LEICESTER ROAD: Plot and Title Map

298 LEICESTER ROAD sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 298 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 298 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 298 LEICESTER ROAD?

298 LEICESTER ROAD is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 298 on LEICESTER ROAD.