5, PINEWOOD DRIVE, MARKFIELD, LE67 9RQ - £157,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 PINEWOOD DRIVE is a very small detached house of 60m², built sometime between 1976 and 1982, which could now be worth an estimated £248,890. It was last sold for £157,500 in November 2015, which was around 35% below the average November 2015 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was November 2024, where the current energy rating was D, and the potential energy rating was B.

5 PINEWOOD DRIVE Sold Prices

Land registry data shows four sales for 5 PINEWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the four 5 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
2015 24 NOV	£157,500	£241,609	35% below HPI
2002 10 APR	£83,000	£130,724	37% below HPI
2001 20 APR	£72,000	£110,195	35% below HPI
1995 28 SEP	£55,950	£71,651	22% below HPI

5 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 four 5 PINEWOOD DRIVE sales between September 1995 and November 2015 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 April 2002 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2015 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 5 PINEWOOD DRIVE be worth now?

5 PINEWOOD DRIVE might now be worth an estimated £248,890.

This is based on house price inflation of 58%, between November 2015 and December 2024, 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 58% inflationary increase is applied to the most recent sale price for 5 PINEWOOD DRIVE of £157,500 on 24th November 2015. For the value to have increased from £157,500 to £248,890 over the eight years and eleven months to December 2024, the following assumptions must hold true:

• The value of 5 PINEWOOD DRIVE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The November 2015 sale price of £157,500 represented a fair market value for the property.
• The size, condition, and specification of 5 PINEWOOD DRIVE has not materially changed since November 2015.

How Large is 5 PINEWOOD DRIVE?

5 PINEWOOD DRIVE is 60m² according to the EPC inspection conducted in November 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 5 PINEWOOD DRIVE lies on this distribution: 4% of detached houses houses are smaller than 5 PINEWOOD DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Markfield.

5 PINEWOOD DRIVE: Plot and Title Map

5 PINEWOOD DRIVE sits on a plot of roughly 9.0 acres, or 36,553m². The below map shows the location of 5 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 5 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 5 PINEWOOD DRIVE?

5 PINEWOOD DRIVE is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 5 on PINEWOOD DRIVE.