3, THE LAURELS, MARKFIELD, LE67 9HA - £148,000

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

3 THE LAURELS is a very small detached house of 71m², built sometime between 1996 and 2002. It was last sold for £148,000 in October 2020, which was around 56% below the average October 2020 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

3 THE LAURELS Sold Prices

Land registry data shows two sales for 3 THE LAURELS 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 3 THE LAURELS 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 21 OCT	£148,000	£333,561	56% below HPI
1996 6 DEC	£65,500	£80,225	18% below HPI

3 THE LAURELS 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 3 THE LAURELS sales from December 1996 and October 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 December 1996 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2020 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 3 THE LAURELS?

3 THE LAURELS is 71m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 20% of detached houses in Markfield, based on EPC data. The below chart shows the distribution of detached houses by size in Markfield, and where 3 THE LAURELS lies on this distribution: 11% of detached houses are smaller than 3 THE LAURELS, and 89% of houses are larger. Note that EPC data is not available for all properties in Markfield.

3 THE LAURELS: Plot and Title Map

3 THE LAURELS sits on a plot of roughly 1.3 acres, or 5,437m². The below map shows the location of 3 THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

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