46, RATBY LANE, MARKFIELD, LE67 9RJ - £595,000

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.

46 RATBY LANE is a very large extended detached house of 176m², built sometime between 1950 and 1966, which could now be worth an estimated £802,071. It was last sold for £595,000 in March 2018, which was around 109% above the average March 2018 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was C.

46 RATBY LANE Sold Prices

Land registry data shows two sales for 46 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 46 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 29 MAR	£595,000	£284,488	109% above HPI
1998 21 AUG	£90,000	£84,329	7% above HPI

46 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 46 RATBY LANE sales from August 1998 and March 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 August 1998 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2018 sale, where it rises to 109% above the HPI. The line then continues to track at 109% above the HPI.

What might 46 RATBY LANE be worth now?

46 RATBY LANE might now be worth an estimated £802,071.

This is based on house price inflation of 34.8%, between March 2018 and March 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 34.8% inflationary increase is applied to the most recent sale price for 46 RATBY LANE of £595,000 on 29th March 2018. For the value to have increased from £595,000 to £802,071 over the seven years to March 2025, the following assumptions must hold true:

• The value of 46 RATBY LANE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The March 2018 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of 46 RATBY LANE has not materially changed since March 2018.

How Large is 46 RATBY LANE?

46 RATBY LANE is 176m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 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 46 RATBY LANE lies on this distribution: 90% of detached houses houses are smaller than 46 RATBY LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Markfield.

46 RATBY LANE: Plot and Title Map

46 RATBY LANE sits on a plot of roughly 0.384 of an acre, or 1,553m². The below map shows the location of 46 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 46 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 46 RATBY LANE?

46 RATBY LANE is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 46 on RATBY LANE.