32, RATBY LANE, MARKFIELD, LE67 9RJ - £385,000

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.

32 RATBY LANE is a very large extended detached house of 158m², built sometime between 1950 and 1966, which could now be worth an estimated £525,388. It was last sold for £385,000 in January 2018, which was around 38% above the average January 2018 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

32 RATBY LANE Sold Prices

Land registry data shows two sales for 32 RATBY LANE 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 32 RATBY LANE 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
2018 12 JAN	£385,000	£279,228	38% above HPI
2016 30 MAR	£365,000	£239,281	53% above HPI

32 RATBY LANE 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 32 RATBY LANE sales from March 2016 and January 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 March 2016 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the January 2018 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 32 RATBY LANE be worth now?

32 RATBY LANE might now be worth an estimated £525,388.

This is based on house price inflation of 36.5%, between January 2018 and February 2025, 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 36.5% inflationary increase is applied to the most recent sale price for 32 RATBY LANE of £385,000 on 12th January 2018. For the value to have increased from £385,000 to £525,388 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of 32 RATBY LANE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The January 2018 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 32 RATBY LANE has not materially changed since January 2018.

How Large is 32 RATBY LANE?

32 RATBY LANE is 158m², which includes two extensions, according to the EPC inspection conducted in November 2017. 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 32 RATBY LANE lies on this distribution: 82% of detached houses houses are smaller than 32 RATBY LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Markfield.

32 RATBY LANE: Plot and Title Map

32 RATBY LANE sits on a plot of roughly 0.185 of an acre, or 747m². The below map shows the location of 32 RATBY LANE, 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 32 RATBY LANE). 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 32 RATBY LANE?

32 RATBY LANE is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 32 on RATBY LANE.