36, RATBY LANE, MARKFIELD, LE67 9RJ - £370,000

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.

36 RATBY LANE is a large extended detached house of 129m², built sometime between 1996 and 2002, which could now be worth an estimated £397,432. It was last sold for £370,000 in November 2021, which was around 4% above the average November 2021 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

36 RATBY LANE Sold Prices

Land registry data shows two sales for 36 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. One of the two 36 RATBY LANE sales was for above the average price, whilst the other was 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
2021 18 NOV	£370,000	£354,746	4% above HPI
1997 14 FEB	£73,000	£73,974	1% below HPI

36 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 36 RATBY LANE sales from February 1997 and November 2021 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 February 1997 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 36 RATBY LANE be worth now?

36 RATBY LANE might now be worth an estimated £397,432.

This is based on house price inflation of 7.4%, between November 2021 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 7.4% inflationary increase is applied to the most recent sale price for 36 RATBY LANE of £370,000 on 18th November 2021. For the value to have increased from £370,000 to £397,432 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 36 RATBY LANE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The November 2021 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 36 RATBY LANE has not materially changed since November 2021.

How Large is 36 RATBY LANE?

36 RATBY LANE is 129m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 30% 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 36 RATBY LANE lies on this distribution: 70% of detached houses houses are smaller than 36 RATBY LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Markfield.

36 RATBY LANE: Plot and Title Map

36 RATBY LANE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 36 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 36 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 36 RATBY LANE?

36 RATBY LANE is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 36 on RATBY LANE.