3, THE PADDOCK, MARKFIELD, LE67 9RR - £350,000

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 PADDOCK is a small extended detached house of 94m², built sometime between 1983 and 1990. It was last sold for £350,000 in May 2022, which was around 7% below the average May 2022 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

3 THE PADDOCK Sold Prices

Land registry data shows two sales for 3 THE PADDOCK 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. One of the two 3 THE PADDOCK sales was for below the average price, whilst the other was roughly equal to 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
2022 12 MAY	£350,000	£378,087	7% below HPI
2004 9 JUL	£202,000	£201,412	Close to HPI

3 THE PADDOCK 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 PADDOCK sales from July 2004 and May 2022 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 July 2004 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2022 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 3 THE PADDOCK?

3 THE PADDOCK is 94m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 40% 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 PADDOCK lies on this distribution: 37% of detached houses are smaller than 3 THE PADDOCK, and 62% of houses are larger. Note that EPC data is not available for all properties in Markfield.

3 THE PADDOCK: Plot and Title Map

3 THE PADDOCK sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 3 THE PADDOCK, 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 PADDOCK). 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 PADDOCK?

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