3, BARN WAY, MARKFIELD, LE67 9QR - £290,000

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

3 BARN WAY is a very large extended detached house of 151m², built sometime between 1996 and 2002, which could now be worth an estimated £631,976. It was last sold for £290,000 in February 2004, which was around 66% above the average February 2004 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

3 BARN WAY Sold Prices

Land registry data shows three sales for 3 BARN WAY 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. All of the three 3 BARN WAY 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
2004 27 FEB	£290,000	£175,201	66% above HPI
1997 13 MAR	£120,000	£74,858	60% above HPI
1995 30 MAR	£122,250	£61,944	97% above HPI

3 BARN WAY 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 3 BARN WAY sales between March 1995 and February 2004 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 March 1997 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the February 2004 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might 3 BARN WAY be worth now?

3 BARN WAY might now be worth an estimated £631,976.

This is based on house price inflation of 117.9%, between February 2004 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 117.9% inflationary increase is applied to the most recent sale price for 3 BARN WAY of £290,000 on 27th February 2004. For the value to have increased from £290,000 to £631,976 over the nineteen years and two months to December 2024, the following assumptions must hold true:

• The value of 3 BARN WAY has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The February 2004 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BARN WAY has not materially changed since February 2004.

How Large is 3 BARN WAY?

3 BARN WAY is 151m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 20% 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 3 BARN WAY lies on this distribution: 80% of detached houses houses are smaller than 3 BARN WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Markfield.

3 BARN WAY: Plot and Title Map

3 BARN WAY sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of 3 BARN WAY, 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 3 BARN WAY). 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 3 BARN WAY?

3 BARN WAY is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 3 on BARN WAY.