42, PINEWOOD DRIVE, MARKFIELD, LE67 9RQ - £162,500

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.

42 PINEWOOD DRIVE is a very small detached house of 66m², built sometime between 1983 and 1990, which could now be worth an estimated £178,291. It was last sold for £162,500 in October 2021, which was around 53% below the average October 2021 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2024, where the current energy rating was E, and the potential energy rating was B.

42 PINEWOOD DRIVE Sold Prices

Land registry data shows two sales for 42 PINEWOOD DRIVE 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 42 PINEWOOD DRIVE 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
2021 21 OCT	£162,500	£347,298	53% below HPI
1998 9 FEB	£71,450	£79,016	10% below HPI

42 PINEWOOD DRIVE 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 42 PINEWOOD DRIVE sales from February 1998 and October 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 1998 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2021 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

What might 42 PINEWOOD DRIVE be worth now?

42 PINEWOOD DRIVE might now be worth an estimated £178,291.

This is based on house price inflation of 9.7%, between October 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 9.7% inflationary increase is applied to the most recent sale price for 42 PINEWOOD DRIVE of £162,500 on 21st October 2021. For the value to have increased from £162,500 to £178,291 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 42 PINEWOOD DRIVE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The October 2021 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 42 PINEWOOD DRIVE has not materially changed since October 2021.

How Large is 42 PINEWOOD DRIVE?

42 PINEWOOD DRIVE is 66m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 10% 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 42 PINEWOOD DRIVE lies on this distribution: 8% of detached houses houses are smaller than 42 PINEWOOD DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Markfield.

42 PINEWOOD DRIVE: Plot and Title Map

42 PINEWOOD DRIVE sits on a plot of roughly 1.3 acres, or 5,437m². The below map shows the location of 42 PINEWOOD DRIVE, 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 42 PINEWOOD DRIVE). 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 42 PINEWOOD DRIVE?

42 PINEWOOD DRIVE is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 42 on PINEWOOD DRIVE.