3, TURNPIKE WAY, MARKFIELD, LE67 9QT - £280,000

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 TURNPIKE WAY is a small detached house of 95m², built sometime between 1983 and 1990. It was last sold for £280,000 in June 2018, which was around 7% below the average June 2018 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

3 TURNPIKE WAY Sold Prices

Land registry data shows six sales for 3 TURNPIKE WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Most of the six 3 TURNPIKE WAY 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
2018 4 JUN	£280,000	£301,962	7% below HPI
2014 7 NOV	£225,000	£234,665	4% below HPI
2006 8 SEP	£165,000	£224,980	27% below HPI
2002 21 JUN	£126,000	£139,637	10% below HPI
2000 27 JUL	£105,000	£106,740	2% below HPI
1997 19 DEC	£88,450	£85,224	4% above HPI

3 TURNPIKE 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 six 3 TURNPIKE WAY sales between December 1997 and June 2018 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 2014 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2018 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 3 TURNPIKE WAY?

3 TURNPIKE WAY is 95m² according to the EPC inspection conducted in August 2014. 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 TURNPIKE WAY lies on this distribution: 39% of detached houses are smaller than 3 TURNPIKE WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Markfield.

3 TURNPIKE WAY: Plot and Title Map

3 TURNPIKE WAY sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 3 TURNPIKE 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 TURNPIKE 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 TURNPIKE WAY?

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