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

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

42 PINEWOOD DRIVE is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £162,500 in October 2021, which was around 56% 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	£365,408	56% below HPI
1998 9 FEB	£71,450	£83,136	14% 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 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2021 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

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 in Markfield, based on EPC data. The below chart shows the distribution of detached houses by size in Markfield, and where 42 PINEWOOD DRIVE lies on this distribution: 8% of detached houses are smaller than 42 PINEWOOD DRIVE, and 91% 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.